SPGI is trading at $404.66 (-3.07%) as Barclays lowered its price target for the stock, citing intensifying competition in the AI sector as a primary headwind.
- The decline is compounded by broader market volatility, with the S&P 500 falling 1.11% on renewed tariff uncertainty.
- Sentiment remains weighed down by last week's Q4 earnings miss and a cautious 2026 financial outlook.
- Investors are also evaluating new details released today regarding the company's planned Mobility business spinoff.