Oppenheimer analyst Owen Lau raised the firm’s price target on Moody’s (MCO) to $523 from $489 and keeps an Outperform rating on the shares after attending Moody’s Credit Frontiers 2025 conference in New York. The firm believes there is still confusion about the broad definition of private credit, which is traditionally defined as middle market lending. But major Alts have expanded this vehicle to finance investment grade issuers.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MCO:
- Moody’s Positioned for Growth Amidst Private Credit Market Expansion and Regulatory Shifts
- Bond Market Turmoil and U.S. Debt Fears Send Gold’s Price (GLD) Higher
- Moody’s price target raised to $540 from $530 at BofA
- S&P Global price target raised to $610 from $600 at BofA
- Moody’s (MCO) Downgrades U.S. Credit Rating Over Government Debt Concerns
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue