UPDATE - UBS Initiates Coverage on Factset (FDS) with a Neutral; Desktop Winner, But Macro Risks Linger
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Price: $300.06 --0%
Rating Summary:
5 Buy, 18 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 5 | New: 25
Rating Summary:
5 Buy, 18 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 5 | New: 25
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UPDATE - UBS initiates coverage on Factset (NYSE: FDS) with a Neutral. PT $91.
UBS analyst said, "FDS has become a dominant desktop provider for buy-side/sell-side analysts thanks to its investments in proprietary content and portfolio analytics capabilities, as well as missteps at competitors. However, we think the pace of revenue growth will moderate given near-term macro headwinds and long-term competitive threats. As such, we see little upside to FactSet’s premium valuation."
To see more ratings on FDS, Click Here
UBS analyst said, "FDS has become a dominant desktop provider for buy-side/sell-side analysts thanks to its investments in proprietary content and portfolio analytics capabilities, as well as missteps at competitors. However, we think the pace of revenue growth will moderate given near-term macro headwinds and long-term competitive threats. As such, we see little upside to FactSet’s premium valuation."
To see more ratings on FDS, Click Here
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