November Debt Issuance Volumes Remain Solid, Piper Jaffray Reports (MCO, MHP)

November debt issuance volumes remain solid, with US investment grade and high yield markets posting m/m gains and signs of life returning in asset-backed securities, Piper Jaffray Reports reports. Piper Jaffray said that it remains Bullish on Moody's Corporation MCO and the S&P division of McGraw-Hill Companies, Inc. MHP in the context of attractive fundamentals, easing regulatory risk and manageable litigation risk. Moody's Corporation closed Monday at $26.71; McGraw-Hill closed at $35.79.
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Posted In: Analyst RatingsConsumer DiscretionaryFinancialsmcgraw-hillMoody'sPiper JaffrayPublishingSpecialized Finance
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