UPDATE: Benchmark Cuts PT to $55 on Moody's Corporation Amid Negative Sentiment

Benchmark maintained Moody's Corporation (NYSE: MCO ) with a Buy rating and lowered the price target from $58.00 to $55.00. Benchmark commented, "While legal issues may remain a cloud over the stock, bond issuance remains strong and Moody's favorable fundamentals ought to support a higher share price as legal