RBC Capital Reiterates Outperform Rating on S&P Global (SPGI)
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RBC Capital analyst Ashish Sabadra reiterated an Outperform rating and $500.00 price target on S&P Global (NYSE: SPGI).
The analyst comments "This morning, SPGI announced a significant expansion to the CapIQ Pro platform, which, along with the timing of certain revenues and the Visible Alpha acquisition, should improve MI's revenue growth in 2H24. The inclusion of Fixed Income data should accelerate the INFO revenue synergies, which had a run rate of $184 mm as of 1Q24 and a target of $350m."
For an analyst ratings summary and ratings history on S&P Global click here. For more ratings news on S&P Global click here.
Shares of S&P Global closed at $438.71 yesterday.
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