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S&P Global price target raised to $570 from $530 at Argus

Argus raised the firm’s price target on S&P Global to $570 from $530 and keeps a Buy rating on the shares following the Q1 report. S&P has completed its multiyear restructuring and is now focused on its faster-growing financial businesses, the analyst tells investors in a research note. The firm thinks management can navigate the current period of inflation and high interest rates successfully.

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