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Truist Financial Corp Has $44 Million Stock Position in S&P Global Inc. $SPGI
Truist Financial Corp reduced its stake in S&P Global Inc. ($SPGI) by 4.5% in the fourth quarter, selling 3,946 shares and holding 84,186 shares valued at $43.995 million. Despite this reduction, insider buying activity by CEO Catherine R. Clay and Director Robert Edward Jr. Moritz signals management confidence. Analyst sentiment remains largely positive, with a consensus “Buy” rating and an average price target of $550.63, with several firms raising their targets.