BMO Capital raised the firm’s price target on S&P Global to $489 from $440 and keeps an Outperform rating on the shares. The firm is boosting its FY23 EPS estimates by 7c to $12.68 following Friday’s release of November billed issuance trends, which were up 26% y/y, the analyst tells investors in a research note. BMO adds that its remains positive on the name given the company’s diversified global portfolio of best-in-class information service offerings.
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