FactSet Achieves Solid Revenue and Strong EPS Growth in Fourth Quarter and Full Year 2019

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UPDATE: BofA/Merrill Lynch Downgrades FactSet Research Systems (FDS) to Underperform

September 27, 2019 6:02 AM EDT

(Updated - September 27, 2019 9:27 AM EDT)

(updated to add analyst comments)

BofA/Merrill Lynch analyst David Chu downgraded FactSet Research Systems (NYSE: FDS) from Neutral to Underperform and cut its price target to $230 (from $300).

skeptical on 3-year plan given tough operating... More