JPMorgan raised the firm’s price target on MSCI (MSCI) to $655 from $625 and keeps an Overweight rating on the shares. The firm updated the company’s model to reflect the recent disclosures around its borrowing. The analyst increased MSCI’s organic revenue growth outlook on higher asset-based fees from rising global equity prices.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MSCI: