Morgan Stanley Raises PT on ​S&P Global Inc. (SPGI), Keeps a Buy Rating

​S&P Global Inc. (NYSE:SPGI) is one of the Best Forever Stocks to Invest In Now. On October 9, Toni Kaplan from Morgan Stanley raised the price target on S&P Global Inc. (NYSE:SPGI) from $615 to $620, while keeping a Buy rating on the stock.

​The analyst noted that the increased price target is driven by a strong issuance in the current quarter. As a result, the firm has raised EPS estimates for S&P Global Inc. (NYSE:SPGI) by 6%. They also expect the company to raise its full-year guidance during the fiscal third-quarter earnings call.

​S&P Global Inc. (NYSE:SPGI) is expected to release its fiscal third-quarter results for 2025 on October 30. As per the current revenue and EPS guidance, which was presented with second-quarter results, management expects 5% to 7% revenue growth in 2025, along with GAAP diluted EPS in the range of $14.35 to $14.60.

​S&P Global Inc. provides essential data, analytics, and insights across financial markets through five business segments, including credit ratings, market intelligence, commodity pricing, automotive solutions, and global investment indices.

While we acknowledge the potential of SPGI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.