Moody’s price target raised to $563 from $552 at Oppenheimer

Oppenheimer analyst Owen Lau raised the firm’s price target on Moody’s (MCO) to $563 from $552 and keeps an Outperform rating on the shares. The firm cites improving outlook, private credit expansion, and AI adoption. Moody’s reported a solid quarter driven by strong MIS and MA revenue, and beating consensus bottom line by 17c.