In today’s briefing:
- Moody’s Corporation: The Latam Expansion & Other Drivers
Moody’s Corporation: The Latam Expansion & Other Drivers
- Moody’s Corporation has seen its business get hit badly by the impact of volatile market conditions and foreign exchange fluctuations.
- The issuance activity for high yield bonds and leveraged loans has been dampened in the prevailing high-interest rate environment affecting the company.
- Given the current environmental uncertainty, we provide the stock of Moody’s Corporation with a ‘Hold’ rating with a revision in the target price.
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