S&P Global price target raised to $610 from $550 at Barclays

Barclays raised the firm’s price target on S&P Global to $610 from $550 and keeps an Overweight rating on the shares. The firm updated targets in the business and professional services group following its consumer conference. Companies issued cautious optimism around impending rate cuts and a generally resilient and still “employed” consumer base, the analyst tells investors in a research note.