Stifel lowered the firm’s price target on FactSet (FDS) to $295 from $372 and keeps a Hold rating on the shares. From a demand perspective, it seems that the end-markets are improving, though the potential AI threat is “a front burner issue for Info Services stocks” and the firm expects this to be a regular discussion area for investors, the analyst says. The current environment is one of “prove to me you won’t be disrupted” rather than asking how a product/company might be disrupted, the analyst added.
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