Barclays analyst Manav Patnaik lowered the firm’s price target on S&P Global to $565 from $620 and keeps an Overweight rating on the shares. The firm says AI has “exacerbated investor concerns around what was already an intensely competitive market data vendor industry.”
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:
- Ex-Dividend Date Nearing for These 10 Stocks – Week of February 23, 2026
- The Week That Was, The Week Ahead: Macro and Markets, Feb. 22
- Microsoft Signals Commercial Quantum Breakthrough: Stock Implications for MSFT, AMZN, GOOGL, and IONQ
- Point72 buys Visa, cuts Meta in Q4
- S&P Global price target lowered to $550 from $620 at UBS
