Moody's Corp. (MCO) Tops Q2 EPS by 48c, Offers Guidance

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UBS Downgrades Moody's Corp (MCO) to Neutral, 'Debt Issuance Strength May Not Be Sustainable'

July 29, 2021 4:47 AM EDT

UBS analyst Alex Kramm downgraded Moody's Corp (NYSE: MCO) from Buy to Neutral with a price target of $392.00 (from $383.00).

The analyst comments "Following two years of outsized debt issuance levels, we are increasingly concerned that the medium-term outlook can only soften... More