S&P Global price target raised to $500 from $470 at Barclays

Barclays analyst Manav Patnaik raised the firm’s price target on S&P Global to $500 from $470 and keeps an Overweight rating on the shares. The company had a “noisy end” to 2023 but its setup is good into 2024, the analyst tells investors in a research note. The firm continues to believe a portfolio clean-up will begin.