MSCI rises after Raymond James upgrades to 'strong buy'

MSCI

17/03/2026 18:12

** Index provider MSCI's MSCI.N shares rise 2.4% to $562.90

** Raymond James upgrades MSCI to "strong buy" from "outperform"; says the firm is top pick within its information services coverage

** Brokerage says sales momentum has positively inflected and MSCI faces very limited AI risks

** Adds that MSCI and its CEO are putting their money where their mouth is by ramping up share repurchases and insider buying

** "MSCI now trades only marginally above the market multiple, and we view the risk/reward as highly attractive" — Raymond James analyst Patrick O'Shaughnessy

** 15 of 19 brokerages rate the stock "buy" or higher, 3 "hold" and 1 "sell"; median PT $695 — data compiled by LSEG

** As of last close, MSCI stock down 4.1% YTD

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com))