Clear Street analyst Owen Lau initiated coverage of S&P Global with a Buy rating and $557 price target The firm predicts three key catalysts can drive earnings growth and multiple expansion for S&P Global: re-acceleration of market intelligence; lower interest rate, and; successful separation of Mobility. Its healthy top line growth, high margin profile, and strong capital return practice make the stock a prime candidate as a core holding in a diversified portfolio, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SPGI:
- S&P Global: A Strong Buy Amidst AI Disruption Concerns
- Tariffs to Cost Companies $1.2 Trillion This Year, Says S&P Global (SPGI)
- S&P Global price target lowered to $558 from $621 at BMO Capital
- S&P Global price target raised to $643 from $637 at Mizuho
- S&P Global to acquire With Intelligence for $1.8B