UPDATE: Benchmark Raises PT to $45 on Moody's

Benchmark raises its price target $8 to $45 on Hold-rated Moody's MCO on improving bond issuance. Benchmark says, " We are raising our 2012 revenue and EPS estimates, mainly reflecting signs of a recovery in bond issuance along with strong growth prospects of Moody's Analytics." MCO closed at $42.03 a share on Thursday.
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Posted In: Analyst ColorPrice TargetReiterationPre-Market OutlookAnalyst RatingsBenchmarkFinancialsSpecialized Finance
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