10:50 AM EDT, 04/28/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We increase our 12-month target price by $35 to $500, on a forward P/E of 22.7x our 2027 earnings estimate, a premium to the peer average of 20.8x given greater earnings stability. We increase our 2026 EPS estimate by $0.19 to $19.70 and raise 2027's by $0.06 to $22.05. We view Q1 results as a modest net positive. On the upside, SPGI's core Ratings division accelerated its revenue growth, and the company benefited from AI-fueled infrastructure spending as investment-grade issuance increased due to hyperscaler investments in AI data centers. However, SPGI maintained unchanged 2026 revenue and EPS guidance despite the strong Q1 performance, which was disappointing. Additionally, AI disruption concerns continue to weigh on the stock's valuation multiple. On a positive note, the company's portfolio simplification is progressing as SPGI announced the sale of its geoscience and petroleum engineering software assets within the Energy division, while the Mobility divestiture remains on track for mid-2026.