Jefferies analyst Surinder Thind raised the firm’s price target on S&P Global to $510 from $430 and keeps a Buy rating on the shares. The firm expects Q4 results to be towards the higher end of guided ranges as billed issuance suggest Ratings will close 2023 on a strong note, with the potential for growth to continue accelerating, the analyst tells investors in an earnings preview note. The firm expects 2024 guidance to “meet or beat our expectations, including consensus,” the analyst added.
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