S&P Global price target lowered to $480 from $495 at Oppenheimer

Oppenheimer lowered the firm’s price target on S&P Global to $480 from $495 and keeps an Outperform rating on the shares. The miss in MI margin and the softer than expected guidance drove the stock down 5% on Thursday, but this has likely reset the expectation and drive downward earnings revision in the near-term, the analyst tells investors in a research note.