Morgan Stanley keeps a purchase on S&P Global (SPGI), raises PT

S & P Global Inc. (NYSE:SPGIHe is one of 13 is the best inventory for purchase now. On July 7, Tipranks reported that the Morgan Stanley Toni Kaplan Lifting the target price for the S& P Global Inc. (NYSE: SPGI) from $ 587 to $ 595 and kept the “purchase” classification.

Kaplan’s positive position depends on the S&P Global Inc. (NYSE: SPGI) on a set of factors that indicate positive expectations for the company.

A group of analysts studying data on a large screen.

Although credit markets have faced a difficult quarter, the S& P Global Inc. performance is expected to be the performance of (NYSE: SPGI) is better than expected. In June, there was a strong increase in credit issuance.

Because of this pleasant surprise, the Morgan Stanley analyst increased the profits of the S & P Global Inc. (NYSE: SPGI) for the share of 2 %, which reflects higher financial forecasts for the company.

In addition, Kaplan expects the company to maintain its category revenue instructions, despite the decrease in the version. This supports more purchase classification.

S & P Global Inc. (NYSE: SPGI) is an American financial intelligence company that provides credit, standards, analyzes and workflow solutions. The company provides data, technology and expertise to help customers make informed decisions.

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Detection: Nothing. This article was originally published in A monkey from the inside.