S&P Global price target raised to $422 from $407 at Stifel

Stifel analyst Shlomo Rosenbaum raised the firm’s price target on S&P Global to $422 from $407 and keeps a Buy rating on the shares. S&P Global continues to execute well, with revenue guidance increased in three of five business units and maintained in the other two, the analyst tells investors. The company’s annual guidance was maintained despite the Engineering Solutions divestiture coming two months early, which Stifel says is an "implicit raise of the core business guidance."