Morgan Stanley raised its price target for S&P Global Inc. (NYSE:SPGI) to $627 from $620 on January 13, maintaining an Overweight rating. The firm issued this update after a Q4 2025 preview, noting that robust activity in December capped off a strong issuance quarter, significantly outperforming initial projections.
On January 8, Evercore ISI analyst David Motemaden increased the price target for S&P Global to $632 from $629, while keeping an Outperform rating. In a year-ahead note on the Business Services sector, the firm expressed a constructive outlook for rating agencies in 2026.
Earlier, on December 16, Goldman Sachs raised its price target for S&P Global to $640 from $637, maintaining a Buy rating. The firm anticipates healthy growth in debt issuance volumes and ratings revenue, driven by both structural and cyclical tailwinds over the near-to-medium term.
S&P Global Inc., together with its subsidiaries, provides credit ratings, benchmarks, analytics, and workflow solutions in the global capital, commodity, and automotive markets.