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BMO Capital Raises S&P Global (SPGI) Price Target on Strong Issuance Momentum
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S&P Global Inc. (NYSE:SPGI) is included among the 15 Dividend Stocks to Buy for Steady Income. Image by Steve Buissinne from Pixabay On March 17, BMO Capital analyst Jeffrey Silber raised the price recommendation on S&P Global Inc. (NYSE:SPGI) to $495 from $482. It reiterated an Outperform rating on the shares. He pointed to stronger issuance trends. February billed issuance rose 22% year over year, a sharp step up from January’s 3% y/y increase, as noted in the research report. That shift stands out. A move from low single-digit growth to over 20% in a month suggests momentum is building. On March 18, S&P Global announced the completion of its acquisition of Enertel AI Corporation. The firm focuses on AI and machine learning-driven short-term power price forecasting across North American electricity markets. These capabilities will be integrated into S&P Global’s Energy division. The business already provides long-term power market intelligence, including benchmarks, historical pricing, and strategic forecasts. With Enertel AI Corporation now part of the platform, the offering expands into real-time insights. It adds AI-powered nodal price forecasts and decision tools used by physical power traders, utilities, and asset operators managing an increasingly complex grid. The result is a more complete view of the power market, covering both long-term outlooks and next-day pricing signals. S&P Global Inc. (NYSE:SPGI) provides essential intelligence through five segments: Market Intelligence, Ratings, Commodity Insights, Mobility, and Indices. While we acknowledge the potential of SPGI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 40 Most Popular Stocks Among Hedge Funds Heading into 2026 and 14 Under-the-Radar High Dividend Stocks to Buy Now Disclosure: None. Follow Insider Monkey on Google News.