Stifel Maintains Buy on S&P Global, Lowers Price Target to $442
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Shlomo Rosenbaum maintains a Buy rating on S&P Global (NYSE:SPGI) but lowers the price target from $460 to $442.

April 18, 2024 | 5:34 pm
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Stifel maintains a Buy rating on S&P Global but lowers the price target from $460 to $442.
The adjustment in price target by Stifel reflects a recalibration of expectations for S&P Global's stock, possibly due to market conditions or company performance insights. While the reduction in price target could suggest a tempered outlook, the maintenance of a Buy rating indicates continued confidence in the company's fundamentals. This mixed signal could lead to neutral short-term price movement as investors digest the implications.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100