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Barchart
Barchart
Anushka Dutta

Are Wall Street Analysts Bullish on Moody’s Corporation Stock?

Moody's Corporation (MCO) is a global risk assessment company that provides credit ratings, research, data, and analytics for businesses, governments, and investors. Its services help clients understand credit quality and manage financial risk. The company is headquartered in New York and serves customers across many industries worldwide. It has a market capitalization of $78.46 billion.

Moody’s stock has been under pressure amid concerns that artificial intelligence (AI) can replace financial services businesses, as well as macroeconomic factors. Over the past 52 weeks, the stock has declined 4.8%, and it is down 12.1% year-to-date (YTD). The company’s shares had reached an all-time high of $546.88 on Jan. 15, but are down 17.9% from that level.

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