Raymond James analyst Patrick O’Shaughnessy raised the firm’s price target on S&P Global to $462 from $455 and keeps an Outperform rating on the shares. Global bond issuance was stronger across the board versus the year-ago period and well above our previous expectations in Q1, most notably in non-financial corporates and structured finance, the analyst tells investors in a research note. In addition, the firm notes that equity market performance was strong during the quarter and above the firm’s prior forecast.
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