KBW Reiterates Outperform for MSCI On Solid F2Q Earnings (MXB)

MSCI Inc. MXB released F2Q10 earnings which modestly beat consensus. EPS rose to $0.35, beating consensus estimates of $0.31. MSCI is a provider of investment decision support tools, including risk and performance analytics for equity and fixed income. Keefe, Bruyette, and Woods analyst Aaron Teitelbaum said, "Broadly, F2Q10 was a solid result with revenues modestly beating KBW and the firm displaying some positive operating leverage. Forward-looking metrics continued to improve and are a positive leading indicator" MXB is currently rated Outperform by KBW, with a price target of $39.00. Shares are currently trading at $27.34.