By: Benzinga
UPDATE: Piper Jaffray Reiterates Overweight Rating, Raises PT on Moody's Corporation
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
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