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JPMorgan Reduces PT on S&P Global (SPGI) Stock
Yahoo Finance· 2025-11-04 15:06
Core Viewpoint - S&P Global Inc. is recognized as a strong investment opportunity despite a recent price target reduction by JPMorgan, which maintains an "Overweight" rating following a positive earnings report and raised guidance for 2025 [1][2]. Financial Performance - For Q3 2025, S&P Global reported a GAAP net income increase of 21% to $1.176 billion and a GAAP diluted EPS rise of 24% to $3.86 [2]. - The company anticipates a diluted EPS (on a GAAP basis) for FY 2025 in the range of $14.80 to $15.05, and on an adjusted basis, it projects diluted EPS between $17.60 and $17.85 [3]. Strategic Initiatives - S&P Global is focused on optimizing its business portfolio to enhance strategic alignment and pursue high-growth, profitable initiatives, including the divestiture of its Enterprise Data Management and thinkFolio businesses [3]. Market Sentiment - Despite strong quarterly results, the stock experienced a decline after the company lowered its full-year guidance, indicating a cautious outlook amid macroeconomic challenges and a softer mergers and acquisitions environment [4].