UBS analyst Alex Kramm raised the firm’s price target on S&P Global to $420 from $400 and keeps a Buy rating on the shares. S&P Global outperformed following Q1 results as the company beat on the top- and bottom-line, and while the company’s EPS guidance remained unchanged, the core top-line outlook improved marginally despite incremental headwinds, the analyst tells investors in a research note.
Published first on TheFly
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Read More on SPGI:
- S&P Global price target raised to $406 from $405 at Oppenheimer
- S&P Global Reports First Quarter Results
- S&P Global backs FY23 adjusted EPS view $12.35-$12.55, consensus $12.48
- S&P Global says additional $1B ASR expected to launch in coming weeks
- S&P Global reports Q1 adjusted EPS $3.15, consensus $2.91
