Piper Jaffray Comments On Moody's (MCO)

Piper Jaffray provided color regarding Moody's MCO in a research report published today. In the report, Piper Jaffray states, "Improving fundamentals, manageable regulatory challenges, fading litigation risk and a below historical average valuation combine to make Moody's our favorite investment story. A recent meeting with CEO Ray McDaniel and CFO Linda Huber served to reinforce our enthusiasm for the shares." Shares of Moody's were at $30.10 in pre-market trading at the time of posting, down 1.92% from last Friday's market close.