MSCI Inc. is reiterated as a Buy, driven by robust Q3 2026 results, double-digit dividend growth, and a healthy balance sheet. MSCI posted 12.4% revenue growth and 14.3% adjusted EPS growth, fueled by surging asset-based fees, strong subscription momentum, and AI-driven operational efficiencies. Shares trade at a forward P/E of 32.28x, moderately below a recalibrated fair value of $702 per share, supporting a projected 14% annualized total return through 2027.