Wells Fargo analyst Jason Haas CFA maintains $S&P Global (SPGI.US)$ with a buy rating, and adjusts the target price from $575 to $620.
According to TipRanks data, the analyst has a success rate of 65.3% and a total average return of 15.2% over the past year.
Furthermore, according to the comprehensive report, the opinions of $S&P Global (SPGI.US)$'s main analysts recently are as follows:
Aggregate third-quarter issuance saw a 38% increase compared to the previous year. Consequently, there has been an upward revision of third-quarter ratings revenue growth forecasts to 25%, as well as heightened revenue and adjusted EPS projections for the year 2024. It is anticipated that both of the leading ratings agencies will surpass market expectations due to the robust issuance observed during the quarter and additional positive performance from indices.
The firm is adjusting its forecasts for the company, primarily due to the benefits of robust issuance which is anticipated to persist into 2025.
Note:
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