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MSCI Inc (NYSE:MSCI) had reported a revenue beat amid strong third-quarter results.
With buy-side purchasing conditions beginning to improve, there is likely to be a “reacceleration in overall organic revenue growth in 2025 and valuation upside in MSCI shares,” according to Goldman Sachs.
Analyst George Tong upgraded the rating for MSCI from Neutral to Buy, while raising the price target from $617 to $723.
The MSCI Thesis: While global fund outflows from active managers stabilized exiting the third quarter, active equity funds in the US experienced inflows after the Presidential elections due to “policy-related rotations, Tong said in the …
Full story available on Benzinga.com
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