S&P Global price target raised to $560 from $540 at Stifel

Stifel raised the firm’s price target on S&P Global to $560 from $540 and keeps a Buy rating on the shares. The “strong” Q3 outperformance was driven primarily by the Ratings business due to strong debt issuance volumes, though solid Indices results also contributed, the analyst tells investors post-earnings, noting that the firm is raising its Q4 and 2025 estimates.