Mizuho Cuts Target on Moody’s (MCO) After Earnings Beat

Chris Hohn ranks among the list of the richest hedge fund managers in the world. While Genie Energy Ltd. (NYSE:GNE) remains the billionaire’s largest position, Moody’s Corporation (NYSE:MCO) ranks 4th on the list of Chris Hohn’s top holdings with a 12.67% portfolio share.

On April 27, Mizuho cut its price target on Moody’s Corporation (NYSE:MCO) to $521 from $524 while keeping a Neutral rating on the stock. The firm revised its expectations based on the company’s first-quarter 2026 results. Moody’s Corporation (NYSE:MCO) announced earnings per share of $4.33 and revenue of $2.1 billion, both surpassing market estimates.

The Moody’s Investors Service branch of the corporation anticipates high-single-digit percentage growth in 2026, driven by low-single-digit percentage issuance growth. The company is anticipated to be supported by solid refinancing requirements, M&A activity, and secular issuance dynamics.

That said, BMO Capital maintained its Market Perform rating while increasing its price target on Moody’s Corporation (NYSE:MCO) from $463 to $489. Despite slowing issuance growth, the firm highlighted the company’s revenue-driven performance.

Although tensions in the Middle East have raised volatility, Moody’s management claims that timing, instead of demand, is being affected. According to BMO, AI adoption will help reputable, proprietary data suppliers like Moody’s.

Moody’s Corporation (NYSE:MCO) is an integrated risk assessment company that provides credit research, credit models, analytics, and economic data as part of its risk management services.

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