S&P Global (SPGI) has been experiencing an upward trend following its strong Q4 2024 earnings release, outperforming Wall Street estimates, and exhibiting noteworthy financial growth. The company's share value has benefited from this performance, catching the attention of various investment firms, including
Kanawha Capital Management LLC and
AMS Capital Ltda, which have increased their holdings. Additionally, S&P Global's forecast of annual profit above estimates reflects strong market demand for its offerings, which has contributed to achieving a
new 1-Year high. Financial analysts have shared varying views, while several suggest holding S&P Global's stock, others predict the stock is expected to rise. The optimistic outlook is backed by strong earnings and a robust forecast for 2025, resulting in dividend increases and price target upgrades from firms like
Stifel and
Wells Fargo. The organization is also extensively innovating by expanding its use of alternative data, AI tools, generative AI-powered product portfolio, and progressing in AI technology for private market data management. Regrettably, S&P Global faces risk due to possible unprecedented U.S. withdrawal from the World Bank.
SP Global SPGI News Analytics from Tue, 25 Jun 2024 07:00:00 GMT to Sat, 15 Feb 2025 15:48:39 GMT -
Rating 8
- Innovation 7
- Rumor 6
