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S&P Global price target raised to $590 from $576 at BMO Capital

S&P Global price target raised to $590 from $576 at BMO Capital

BMO Capital analyst Jeffrey Silber raised the firm’s price target on S&P Global to $590 from $576 and keeps an Outperform rating on the shares after its Q4 earnings beat. The company reported a large beat despite positive revisions into the print, and while S&P is still lapping cancellations in the first half of FY25, management painted a more positive picture of Market Intelligence segment given gradual end-market improvement and ACV/retention improvement in Q4, the analyst tells investors in a research note.

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