Major municipal market website allegedly affected by ransomware attack
Written by Emily J. Thompson, Senior Investment Analyst
Source: SeekingAlpha
Ransomware Attack Impact: MuniOS.com, a crucial platform for the $4.3 trillion municipal bond market, has been incapacitated by a ransomware attack, affecting thousands of borrowers and investors who rely on it for transaction information.
Alternative Solutions: The Municipal Securities Rulemaking Board has advised issuers to use its EMMA website for posting preliminary official statements and other market information during the MuniOS.com outage, although it did not address the service disruption directly.
Analyst Views on ITM
Wall Street analysts forecast ITM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ITM is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 47.235
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Current: 47.235
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
