BMO Capital analyst Jeffrey Silber raised the firm’s price target on S&P Global to $589 from $537 and keeps an Outperform rating on the shares. The firm is citing a stronger-than-expected Q3 debt issuance, noting that according to the company’s own billed issuance data for July and August, the Q3 decline was not as much as expected, the analyst tells investors in a research note. BMO is also raising its FY24 EPS view by 24c to $14.81 and its FY25 view by 23c to $15.82.
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