BMO Capital analyst Jeffrey Silber maintained a Buy rating on Morningstar today and set a price target of $250.00.
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Jeffrey Silber has given his Buy rating due to a combination of factors that highlight Morningstar’s potential for growth and value creation. The company’s strategic focus on AI, particularly in delivering unique data and enhancing product insights, positions it well in the evolving market landscape. Morningstar’s PitchBook platform, which integrates AI with human intelligence to aggregate data from diverse sources, stands out as a key asset. Despite some challenges in client retention and sales cycles, the platform’s growing average contract value and direct data business indicate strong client engagement and potential for revenue growth.
Additionally, Morningstar’s international wealth segment has been gaining market share, particularly in the UK, showcasing effective cross-selling strategies. The company’s leadership approach, balancing internal talent development with external insights, further supports its growth trajectory. Overall, Silber sees margin expansion and EPS growth opportunities, driven by Morningstar’s diverse business segments and valuable data assets, as compelling reasons for the Buy rating.
According to TipRanks, Silber is a 4-star analyst with an average return of 4.5% and a 51.11% success rate. Silber covers the Consumer Defensive sector, focusing on stocks such as Stride, Strategic Education, and Adtalem Global Education.