FactSet rides on cost cuts to lift annual profit forecast
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UBS Reiterates Neutral Rating on FactSet Research Systems (FDS)
June 24, 2024 8:13 AM EDTUBS analyst Alex Kramm reiterated a Neutral rating and $455.00 price target on FactSet Research Systems (NYSE: FDS).
The analyst comments "FDS shares outperformed following F3Q24 results as the reduction in the FY24 outlook for both organic ASV growth and revenue was... More
RBC Capital Reiterates Sector Perform Rating on FactSet Research Systems (FDS)
June 24, 2024 6:20 AM EDTRBC Capital analyst Ashish Sabadra reiterated a Sector Perform rating and $464.00 price target on FactSet Research Systems (NYSE: FDS)
The analyst comments "The CS-UBS ASV headwind of 30bps in 3Q24 was lower than feared and cleared up one of the key... More
FactSet Research Systems (FDS) PT Raised to $461 at Deutsche Bank
June 24, 2024 5:25 AM EDTDeutsche Bank analyst Faiza Alwy raised the price target on FactSet Research Systems (NYSE: FDS) to $461.00 (from $457.00) while maintaining a Hold rating.
The analyst comments "FDS stock increased nearly 4% on friday amidst low expectations (as highlighted in an earlier note), in-line... More
Goldman Sachs Reiterates Sell Rating on FactSet Research Systems (FDS)
June 21, 2024 11:56 AM EDTGoldman Sachs analyst George K. Tong reiterated a Sell rating and $419.00 price target on FactSet Research Systems (NYSE: FDS)
The analyst comments "We expect investors to have a negative reaction to FactSets F3Q 2024 earnings release, with management reducing the full year guide for revenue and organic Annual Subscription Value (ASV) plus professional services, partially mitigated... More

