Goldman Sachs raised the firm’s price target on S&P Global to $640 from $637 and keeps a Buy rating on the shares. The firm sees structural and cyclical tailwinds driving “healthy” debt issuance volumes and ratings revenue growth over the near-to-medium term.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SPGI:
- Oracle Stock Is on the Front Line of Intense Investor Fears as Debt Cost Increases 50%
- Crypto Currents: Bitcoin settlement volume flips Visa
- S&P Global announces multi-year strategic partnership with Google Cloud
- S&P Global Announces Senior Notes Offering
- S&P Global Announces $1 Billion Senior Notes Offering