UBS lowers Moody’s stock price target to $490 on valuation concerns By Investing.com

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UBS has lowered its price target for Moody’s Corp (NYSE:MCO) shares to $490 from $515, while maintaining a Neutral rating, citing valuation concerns despite a solid performance and positive outlook. The firm acknowledges Moody’s as a high-quality franchise with a good growth trajectory, particularly in its core ratings business, and notes its resilience against AI disruption. However, UBS believes the stock trades at a significant premium, suggesting better risk/reward opportunities exist elsewhere in the sector.

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