UPDATE: Piper Jaffray Reiterates Overweight Rating, Raises PT on Moody's Corporation
Posted on January 14, 2013 at 12:07 PM EST
In a report published Monday, Piper Jaffray & Co. reiterated its Overweight rating on Moody's Corporation (NYSE: MCO ), and slightly raised its price target from $58.00 to $59.00. Piper Jaffray noted, “Very robust 4Q debt issuance trends should drive EPS upside relative to our prior expectations. We boost our