William Blair Upgrades FactSet Research Systems (FDS) to Outperform

William Blair analyst Andrew Nicholas upgraded FactSet Research Systems (NYSE: FDS) from Market Perform to Outperform.

The analyst comments "We are upgrading FactSet shares to an Outperform rating to reflect our beliefs that 1) AI disruption risk is overstated, 2) FactSet should be among the earlier information services companies to realize the sectorwide benefits of AI, 3) recent top-line and ASV growth momentum will persist, 4) the company has line of sight to near-term margin improvement, and 5) the AI debate has created an attractive entry point from a valuation perspective. A more thorough discussion of these points is included in the attached report."

For an analyst ratings summary and ratings history on FactSet Research Systems click here. For more ratings news on FactSet Research Systems click here.

Shares of FactSet Research Systems closed at $301.96 yesterday.

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