S&P Global Inc. (NYSE:SPGI) is one of the 14 Best Large Cap Stocks to Invest In Now. On December 16, Goldman Sachs increased its price target on S&P Global Inc. (NYSE:SPGI) from $637 to $640 and maintained a Buy rating. The research firm expects structural and cyclical tailwinds to support “healthy” debt issuance volumes and growth in ratings revenue in the near-to-medium term.
In other news, on November 25, S&P Global Inc. (NYSE:SPGI) announced it completed the acquisition of With Intelligence for $1.8 billion from a group led by majority investor Motive Partners. With Intelligence is a leading provider of critical, differentiated data and analytics and it serves about 3,000 customers in alternatives and private markets worldwide. With Intelligence is expected to generate around $130 million in revenue. Its annual contract value is also expected to see growth in the high teens.
With Intelligence offers industry-leading, proprietary data across the full alternatives investing lifecycle and it serves Limited Partners, General Partners and advisors across Private Equity, Private Credit, Hedge Funds, Real Estate, Infrastructure, and Family Offices.
This acquisition brings With Intelligence’s proprietary data and workflow solutions to help S&P Global Inc. (NYSE:SPGI) expand its private markets capabilities. This deal also creates new market opportunities and positions the company as one of the most comprehensive providers of private markets intelligence. It complements S&P Global Inc.’s (NYSE:SPGI) strengths in ratings, benchmarks, data, analytics, and workflow solutions.
S&P Global Inc. (NYSE:SPGI) is an American financial intelligence company that provides credit ratings, benchmarks, analytics, and workflow solutions. The company offers data, technology, and expertise to help clients make informed decisions.
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: 14 Most Promising Fintech Stocks to Invest In and 15 Best Technology Penny Stocks to Buy.
Disclosure: None. This article is originally published at Insider Monkey.
