Clear Street analyst Owen Lau initiated coverage of S&P Global with a Buy rating and $557 price target The firm predicts three key catalysts can drive earnings growth and multiple expansion for S&P Global: re-acceleration of market intelligence; lower interest rate, and; successful separation of Mobility. Its healthy top line growth, high margin profile, and strong capital return practice make the stock a prime candidate as a core holding in a diversified portfolio, the analyst tells investors in a research note.
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