Morgan Stanley raised the firm’s price target on S&P Global to $487 from $464 and keeps an Overweight rating on the shares. Aggregate Global issuance increased 11% year-over-year for Q4, which was “solid,” though largely in-line with prior expectations, the analyst tells investors. Following a model update, the firm is 1% above consensus on 2024 S&P estimates on revenue and adjusted EPS, the analyst noted.
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