BofA reinstated coverage of S&P Global with a Buy rating and $600 price target The firm cites S&P Global’s network effects, particularly across ratings and indices, as well as EPS upside it sees given the operating leverage in the rating business.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SPGI:
- S&P Global price target lowered to $587 from $600 at Morgan Stanley
- Moody’s price target lowered to $493 from $508 at Morgan Stanley
- S&P Global: Resilient Growth and Strategic Positioning Amidst Market Challenges
- S&P Global: Strong Growth Metrics and Strategic Positioning Drive Buy Rating
- S&P Global initiated with an Outperform at Mizuho
