Barclays analyst Manav Patnaik lowered the firm’s price target on FactSet (FDS) to $300 from $390 and keeps an Underweight rating on the shares following the fiscal Q4 report. The firm says the company’s investments are going to reduce margins in fiscal 2026.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FDS:
- FactSet Reports Strong Fiscal 2025 Earnings Growth
- Hold Rating Issued for FactSet Research Amid Mixed Financial Performance and Strategic Investments
- FactSet price target lowered to $296 from $355 at Wells Fargo
- Nvidia to invest $5B in Intel, ABC pulls ‘Jimmy Kimmel Live!’: Morning Buzz
- Morning Movers: Intel jumps following $5B investment from Nvidia