Moody’s, the Financial sector company, was revisited by a Wall Street analyst yesterday. Analyst Curtis Nagle from Bank of America Securities reiterated a Buy rating on the stock and has a $565.00 price target.
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Curtis Nagle has given his Buy rating due to a combination of factors, including a solid first‑quarter beat driven by robust issuance in Moody’s Investors Service and healthy recurring revenue growth in Moody’s Analytics. He sees record rated issuance, resilient private credit activity, and steady investment‑grade demand supporting a strong first half, with any issuance volatility tied more to temporary geopolitical noise than to a weakening of core demand.
Nagle’s positive stance is further underpinned by management’s reaffirmed outlook for high single‑digit revenue growth and solid adjusted EPS, alongside expanding margins in Moody’s Analytics supported by AI‑enabled productivity and a richer mix of high‑margin recurring revenue. He views AI as a structural tailwind that enhances the value of Moody’s proprietary data and entrenched regulatory position, justifying a higher price objective based on rising long‑term earnings power and attractive valuation on forward earnings.
MCO’s price has also changed slightly for the past six months – from $472.790 to $466.720, which is a -1.28% drop .