Morgan Stanley analyst Toni Kaplan raised the firm’s price target on S&P Global (SPGI) to $564 from $530 and keeps an Overweight rating on the shares. Noting that issuance strength continued in Q3 with aggregate quarter-to-date issuance up 37% year-over-year through August, the firm is raising Q3 Ratings revenue growth estimates for both S&P and Moody’s (MCO).
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