Raymond James Downgrades Moody's To Market Perform

Analysts at Raymond James downgraded Moody's MCO from “outperform” to “market perform” and removed the price target of $87. Moody's shares have surged 44.44% over the past 52 weeks, while the S&P 500 index has gained 18.85% in the same period. Moody's shares fell 0.58% to close at $89.06 yesterday.