SPGI up 0.12% in pre-market to $526.37 amid analyst top pick and valuation talk

S&P Global (SPGI) is seeing positive momentum after Clear Street named the stock a top pick for 2026, setting an aggressive price target of $587.

• Clear Street's bullish outlook is driven by expectations of future rate cuts, growth in issuance, and the separation of the mobility segment.
• Despite steady demand, Simply Wall St suggests the current 37.8x P/E ratio indicates the stock is overvalued compared to its estimated fair P/E of 17.9x.
• SPGI is extending a 7-day gain, currently trading at $526.37 in pre-market hours.