BMO Capital adjusted its price target for S&P Global to $538 from $558, while reiterating its "Outperform" rating on the stock. The firm's decision to lower the target was attributed to a valuation adjustment based on "more current multiples," despite raising its estimates for the company. This analyst action follows S&P Global's third-quarter 2025 financial results, which were released the prior day and surpassed analyst expectations. The company reported strong performance in both revenue and earnings, driven by its Ratings and Indices segments. In response to the strong quarter, S&P Global raised its full-year 2025 guidance.