Moody’s price target lowered to $523 from $540 at Stifel

Stifel lowered the firm’s price target on Moody’s (MCO) to $523 from $540 and keeps a Buy rating on the shares following Q1 results. Stifel is lowering its 2026 estimates a bit to take more of a cautious approach to its numbers due to the geopolitical environment and the Iran war, which could result in some downside risk to the 2026 guidance, particularly in the MIS unit, according to the firm. However, Stifel added that it believes the underlying drivers of the business remain positive and thinks Moody’s is positioned well to take advantage of AI opportunities both on the revenue and cost side.