S&P Global Inc. (NYSE: SPGI) is a top pick for investors, with Goldman Sachs increasing its price target to $640 and maintaining a Buy rating. The acquisition of With Intelligence for $1.8 billion expands SPGI’s private markets capabilities, positioning it as a comprehensive provider of private markets intelligence.
With Intelligence provides proprietary data in alternative investing, serving 3,000 customers worldwide. The acquisition is expected to generate $130 million in revenue and drive high teens growth in annual contract value. This deal strengthens SPGI’s position in private markets intelligence and complements its existing strengths in ratings and analytics.
S&P Global Inc. (NYSE: SPGI) is a financial intelligence company offering credit ratings, benchmarks, analytics, and workflow solutions. Despite its potential, other AI stocks may offer greater upside potential with less downside risk. For those interested, a free report on the best short-term AI stock is available.
Read more at Yahoo Finance: S&P Global (SPGI) Acquires With Intelligence for $1.8 Billion
