MSCI Inc., a New York-based company, provides decision-support tools for the investment community, with a market cap of $41.8 billion. However, its stock has underperformed the S&P 500 and the iShares U.S. Broker-Dealers & Securities Exchanges ETF. After reporting Q3 results, MSCI’s shares surged 8% due to an adjusted EPS of $4.47, beating expectations. Analysts predict a 13.2% growth in EPS for FY ending in December. Despite a “Moderate Buy” consensus rating, Evercore ISI analyst David Motemaden maintained a “Buy” rating with a $655 price target, suggesting a potential upside of 17.6%. The mean price target is $653.06, representing a 17.3% premium.
Read more at Yahoo Finance: MSCI Inc. Stock: Analyst Estimates & Ratings
