In a report released yesterday, Toni Kaplan from Morgan Stanley maintained a Buy rating on MSCI, with a price target of $650.00.
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Toni Kaplan has given his Buy rating due to a combination of factors that highlight MSCI’s potential for growth and attractive valuation. Despite some disappointing new sales figures in key areas like Index and ESG, MSCI’s overall performance in the second quarter was solid, surpassing expectations in revenue, adjusted EBITDA, and adjusted EPS. The company continues to show strength in its Analytics segment, with significant growth in new sales and assets under management for ETFs linked to MSCI’s indices.
Furthermore, MSCI is positioned well in the market with opportunities in custom indexes, climate-related products, and private assets, which are not fully reflected in the current market valuation. The company’s reiterated guidance for 2025, along with the potential for organic growth reacceleration, presents an attractive entry point for investors. Given these factors, Toni Kaplan sees MSCI as a best-in-class information services stock trading at a discount to its fair value, justifying the Buy rating.
In another report released today, Barclays also maintained a Buy rating on the stock with a $650.00 price target.
MSCI’s price has also changed moderately for the past six months – from $613.000 to $526.480, which is a -14.11% drop .