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Analysts Are Bullish on Top Financial Stocks: Moody’s (MCO), Morgan Stanley (MS)

Tipranks - Tue Aug 4, 7:18AM CDT

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Moody’s (MCO) and Morgan Stanley (MS) with bullish sentiments.

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Moody’s (MCO)

In a report released yesterday, George Tong from Goldman Sachs reiterated a Buy rating on Moody’s, with a price target of $593.00. The company’s shares closed last Friday at $478.38.

According to TipRanks.com, Tong is a 4-star analyst with an average return of 3.8% and a 55.0% success rate. Tong covers the Industrial Goods sector, focusing on stocks such as UL Solutions Inc. Class A, Vestis Corporation, and Verisk Analytics. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Moody’s with a $564.00 average price target, representing a 18.0% upside. In a report issued on July 20, J.P. Morgan also maintained a Buy rating on the stock with a $600.00 price target.

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Morgan Stanley (MS)

UBS analyst Erika Najarian maintained a Buy rating on Morgan Stanley today and set a price target of $260.00. The company’s shares closed last Friday at $210.42.

According to TipRanks.com, Najarian is a 5-star analyst with an average return of 10.5% and a 60.0% success rate. Najarian covers the Financial sector, focusing on stocks such as Capital One Financial, Goldman Sachs Group, and Fifth Third Bancorp. ;'>

Currently, the analyst consensus on Morgan Stanley is a Moderate Buy with an average price target of $240.00, representing a 13.9% upside. In a report issued on July 31, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $224.00 price target.

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