Bulletin
Investor Alert

New York Markets Close in:

Market Pulse Archives

Aug. 10, 2022, 3:40 a.m. EDT

Moody's lowered to hold at Deutsche Bank as analysts see less upside

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Moody's Corp. (MCO)
  • X
    FactSet Research Systems Inc. (FDS)
  • X
    MSCI Inc. (MSCI)

or Cancel Already have a watchlist? Log In

By Steve Goldstein

Moody's /zigman2/quotes/202808835/composite MCO +2.89% was downgraded to hold from buy at Deutsche Bank as part of a broader look at information services companies after earnings season. The broker left its price target on Moody's unchanged, but said its price target represents a 60% premium to market multiples, while historically Moody's trades at a 30% premium. Moody's shares ended Tuesday with a 0.7% decline and the stock has dropped 20.5% this year. The broker also kept its ratings of FactSet Research Systems /zigman2/quotes/204586719/composite FDS +2.08% and MSCI /zigman2/quotes/202905332/composite MSCI +1.80% at hold.

/zigman2/quotes/202808835/composite
US : U.S.: NYSE
$ 250.14
+7.02 +2.89%
Volume: 248,841
Oct. 3, 2022 1:49p
P/E Ratio
27.02
Dividend Yield
1.12%
Market Cap
$44.61 billion
Rev. per Employee
$443,388
loading...
/zigman2/quotes/204586719/composite
US : U.S.: NYSE
$ 408.44
+8.33 +2.08%
Volume: 85,484
Oct. 3, 2022 1:46p
P/E Ratio
39.77
Dividend Yield
0.87%
Market Cap
$15.20 billion
Rev. per Employee
$169,289
loading...
/zigman2/quotes/202905332/composite
US : U.S.: NYSE
$ 429.40
+7.61 +1.80%
Volume: 141,518
Oct. 3, 2022 1:48p
P/E Ratio
44.12
Dividend Yield
1.17%
Market Cap
$33.96 billion
Rev. per Employee
$599,695
loading...

This Story has 0 Comments
Be the first to comment
More News In
Markets

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.