Wolfe Research designates S&P Global (SPGI) as a top pick in the Business and Information Services sector. The firm maintains an "Outperform" rating. Wolfe Research sets a year-end 2026 price target of $515 for the company's stock.
Analysts at Wolfe express optimism ahead of the second-quarter earnings report. They cite strong debt issuance data. This data surpasses S&P Global's conservative guidance.
Analysts believe the company can raise its full-year guidance. Strength in its Ratings division drives this potential. Potential upside in Indices revenue also contributes. Robust equity market performance supports Indices revenue.