Wells Fargo raised the firm’s price target on MSCI to $660 from $615 and keeps an Overweight rating on the shares following a solid Q4 beat and constructive FY24 guide with notable Analytics acceleration more than offsetting expected ESG/Climate malaise. Wells sees upside to Index/Analytics from improving market backdrop and EM flow acceleration.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on MSCI:
- MSCI Inc Subsidiary Guarantors Discharged from Obligations
- MSCI Inc Announces New Off-Balance Sheet Financial Obligation
- MSCI Inc. Secures $1.25 Billion Revolving Credit Facility
- MSCI tells Bloomberg short seller’s report ‘false, misleading, incomplete’
- MSCI down 2% at $532.75 after ‘strong sell’ opinion by Spruce Point Capital
Questions or Comments about the article? Write to editor@tipranks.com