JPMorgan analyst Kenneth Worthington raised the firm’s price target on Moelis (MC) to $79 from $78 and keeps a Neutral rating on the shares. The company’s Q3 sales missed estimates but management offered a positive outlook, the analyst tells investors in a research note.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MC:
- Moelis Hold Rating: Concerns Over Core Revenue and Leadership Changes Amid Competitive Pressures
- Moelis price target lowered to $78 from $80 at Keefe Bruyette
- Moelis & Company Reports Strong Revenue Growth in 2025
- Moelis Reports Strong Q3 2025 Financial Performance
- Moelis reports Q3 adjusted EPS 68c, consensus 60c
