Evercore ISI analyst David Motemaden raised the firm’s price target on S&P Global (SPGI) to $632 from $629 and keeps an Outperform rating on the shares. The firm has a “constructive outlook” for 2026 on rating agencies, with Moody’s (MCO) as the top pick, the analyst tells investors in a year-ahead note on the Business Services group.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SPGI:
- FCX, GLNCY, RIO: Copper Shortage Poses ‘Systemic Risks’ as Big Tech Demands Soar
- S&P Global: Strengthening Debt Issuance and Ratings Momentum Drive Upward EPS Revisions and Support Buy Rating
- XRP Price Is On the Verge of a 2018-Style Capitulation. Analyst Warns of ‘Carnage’ if the $1.78 Support Fails
- Crypto Currents: Hut 8 signs $7B AI deal with Anthropic, Fluidstack
- S&P Global Appoints Hubert Joly as New Director