BMO Capital lowered the firm’s price target on S&P Global to $558 from $621 and keeps an Outperform rating on the shares. The firm sees better than expected debt issuance but reduces its price target to reflect more current multiples, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SPGI:
- S&P Global price target raised to $643 from $637 at Mizuho
- S&P Global to acquire With Intelligence for $1.8B
- Morgan Stanley (MS) Paves the Way for Wealth Clients to Invest in Crypto Funds
- S&P Global price target raised to $620 from $615 at Morgan Stanley
- Moody’s price target raised to $520 from $514 at Morgan Stanley