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Moelis (MC) Gets a Buy from Morgan Stanley

Tipranks - Tipranks - Fri Feb 6, 7:30AM CST

In a report released today, Ryan Kenny from Morgan Stanley maintained a Buy rating on Moelis, with a price target of $90.00.

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According to TipRanks, Kenny is an analyst with an average return of -1.5% and a 45.65% success rate. Kenny covers the Financial sector, focusing on stocks such as Evercore Partners, Jefferies, and Lazard.

In addition to Morgan Stanley, Moelis also received a Buy from TipRanks – Anthropic’s Anthropic Financial – Capital Markets in a report issued yesterday. However, today, BMO Capital maintained a Hold rating on Moelis (NYSE: MC).

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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

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