Jefferies analysts raised the price target on London Stock Exchange Group (LON:LSEG) Plc. (LN) (LNSTY) to GBP115.00 (from GBP110.00) while maintaining a Buy rating.
The analysts comment: "We test our bottom-up conviction in LSEG's growth prospects against the top-down opportunity. We emerge with renewed confidence in LSEG's ability to accelerate subscription income growth from 25E, with Data & Analytics the largest needle-mover. We see clear upside risk to cons from 26E if LSEG can begin to access the expanded TAM its MSFT partnership brings. We think LSEG is in the early stages of a multi-year earnings acceleration & multiple-expansion journey."