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Stifel analyst Shlomo Rosenbaum lowered the firm’s price target on Moody’s (MCO) to $468 from $533 and keeps a Hold rating on the shares. Q1 results were “quite strong,” but the recent market volatility has created an environment where issuance activity was hampered in April and is very difficult to predict, the analyst tells investors. The firm is reducing 2025 estimates to reflect the weaker April issuance trends and expectations that issuance will be weaker than originally expected for the rest of the year.
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