Stifel lowered the firm’s price target on FactSet (FDS) to $248 from $295 and keeps a Hold rating on the shares. The efforts the company has made over the last several years, together with some of the changes the new CEO has been making in the last few quarters, seem to be coming together to drive accelerated revenue growth, but the firm’s “main question” is the trajectory of this revenue growth improvement, the analyst tells investors.
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Read More on FDS:
- FactSet Earnings Call: AI Investments Fuel Upgraded Outlook
- FactSet: Solid Recurring Growth Offset by Margin Pressures Warrants Hold Rating
- FactSet price target lowered to $217 from $253 at Goldman Sachs
- FactSet: Solid Growth and AI Momentum Offset by Rising Costs, Justifying a Balanced Hold Rating
- FactSet price target lowered to $228 from $307 at Morgan Stanley
