S&P Global's Strategic Review of Kensho Data & Platforms Segment Can Unlock Upside, UBS Says

02:55 PM EDT, 10/28/2026 (MT Newswires) -- S&P Global's (SPGI) strategic review of Kensho Data & Platforms segment, with the possibility of divesting its Capital IQ and associated data businesses, can unlock upside for the stock, UBS said Wednesday in a research note. The move will shift business mix to high quality-benchmark businesses, which should improve margins and lead to better execution, despite potential earnings dilution, UBS said. UBS added it estimates that businesses under review represent about $2.3 billion to $2.4 billion in revenue and $700 million to $750 million in EBITDA. Elsewhere, Market Intelligence fundamentals are improving with organic constant currency revenue growth accelerating in Q3 as the company sees revenue benefits from its AI-enabled products and AI-ready data, according to the note. UBS maintained the company's buy rating with a $525 price target. Price: 447.48, Change: -1.45, Percent Change: -0.32