Stock Rating Upgrade
The Value Trend Rating for Moody’s Corp. (NYSE: MCO) improved in recent days from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
Moody’s Corp. (NYSE: MCO) stock closed at $380.56 on 5/3/24 after an increase of 1.1%. NORMAL trading volume accompanied the advance. The stock has risen 1.4% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, MCO is expected to continue to be a major Value Builder.
Moody’s has a current Value Trend Rating of C (Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Moody’s has a poor Appreciation Score of 26 but a good Power Rating of 75, producing the Neutral Value Trend Rating.
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