Moelis (MC) Initiated with a Hold at UBS
Moelis received a Hold rating and a $70.00 price target from UBS analyst yesterday. The company’s shares closed yesterday at $70.55.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Currently, the analyst consensus on Moelis is a Moderate Buy with an average price target of $79.00.
Based on Moelis’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $356.89 million and a net profit of $53.37 million. In comparison, last year the company earned a revenue of $273.76 million and had a net profit of $16.89 million
Read More on MC:
Disclaimer & DisclosureReport an Issue
- Crypto Currents: Strategy taps new funds as UBS, Chainlink advance tokenization
- Now Streaming: Netflix weighs offer for Warner Bros. assets
- Moelis Reports Strong Q3 Earnings and Growth
- Netflix weighs bid for Warner Bros. Discovery assets, Reuters reports
- Moelis upgraded to Buy from Neutral at Seaport Research
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.