Wells Fargo Remains a Buy on S&P Global (SPGI)
Wells Fargo analyst Jason Haas CFA maintained a Buy rating on S&P Global today and set a price target of $530.00.
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According to TipRanks, Haas CFA is a 4-star analyst with an average return of 9.4% and a 54.86% success rate.
Currently, the analyst consensus on S&P Global is a Strong Buy with an average price target of $583.85.
Based on S&P Global’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $3.89 billion and a net profit of $1.09 billion. In comparison, last year the company earned a revenue of $3.58 billion and had a net profit of $971 million
Based on the recent corporate insider activity of 40 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SPGI in relation to earlier this year.
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