S&P Global shares moved higher after Stifel reiterated a Buy rating and a $599 price target, citing expectations for robust debt issuance in 2026 following strong activity in late 2025.
- The stock is currently trading around $544.47, modestly higher than its prior close.
- Stifel pointed to several key tailwinds, including declining interest rates, tight credit spreads, and a strong IPO backlog.
- The firm also noted record Ratings Evaluation Services revenue and healthy 2026 refinancing "walls" supporting the positive outlook.