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Flossbach Von Storch SE Buys New Position in Moody’s Shares

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Sig1.75Sen+1.65Env0.00Soc0.00Gov0.00

Flossbach Von Storch SE reported a new Moody’s position in its latest 13F, buying 24,240 shares worth about $11.0 million in the second quarter. Verdence Capital Advisors also increased its stake. Barclays lifted its Moody’s target to $575 and kept an overweight rating, while Bank of America reiterated buy views and higher price objectives. After a sale, the CEO held 51,964 shares valued around $25.2 million.

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