FactSet Research Systems (FDS) PT Raised to $192 at BofA/Merrill Lynch
Tweet
Share
E-mailGet Alerts FDS Hot Sheet
Price: $284.10 +0.10%
Rating Summary:
6 Buy, 17 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 9 | Down: 6 | New: 28
Rating Summary:
6 Buy, 17 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 9 | Down: 6 | New: 28
Join SI Premium – FREE
BofA/Merrill Lynch raised its price target on FactSet Research Systems (NYSE: FDS) to $192.00 (from $180.00) while maintaining a Neutral rating following the company's 4Q. Organic annual subscription value was up 5.7% YoY in 4QF17 vs +5.7% in 3QF17 and +6.5% in 2QF17.
Analyst David Chu raised EPS estimates on a lower tax rate related to the new SEC stock-based compensation accounting standards. For FY18, expect 10% YoY revenue growth on 5.2% YoY average subscriber growth and 4.7% YoY average revenue per subscriber growth.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- BofA Securities Starts PhysicsWallah Ltd (PWL:IN) at Underperform
- Oxford Nanopore (ONT:LN) (ONTTF) PT Raised to GBP2.10 at Deutsche Bank
- Indosat Tbk PT (ISAT:IJ) (PTITF) PT Raised to IDR35.10 at JPMorgan
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS Change, Analyst PT ChangeSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
