S&P Global price target raised to $576 from $564 at BMO Capital

BMO Capital analyst Jeffrey Silber raised the firm’s price target on S&P Global to $576 from $564 and keeps an Outperform rating on the shares. The firm cites the company’s better than expected Q4 issuance guidance and contents that its Ratings revenue will outperform for the quarter, the analyst tells investors in a research note. BMO is also raising its Q4 EPS view by 8c to $3.37 and its FY25 EPS view by 8c to $16.79.