Stifel raised the firm’s price target on S&P Global to $625 from $603 and keeps a Buy rating on the shares after second quarter results. The firm characterized the quarter as solid overall, with general outperformance almost across the board and notable improvement in market intelligence margins, Stifel noted. The firm told investors in a research note that S&P Global is being appropriately conservative about its second half ratings guidance and believes there is upside potential to that guidance.
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