Factset Research Systems (FDS) has been a topic of interest among brokerages, with a set price target at $453.46. Many financial institutions have invested considerably in FactSet, indicating their confidence in the firm's strength. Notably,
Hantz Financial Services and Canoe Financial LP have million-dollar stock positions. FactSet's Q3 profit beat, with raised guidance, has created market optimism, resulting in a 52-week high stock price of $488.65. The company has been successful in maintaining steady shareholder returns with regular
quarterly dividends. Their recent earnings reports have consistently beaten Wall Street estimates due to higher subscription rates, despite occasional misses on revenue targets. Looking ahead, FactSet is focusing on integrating AI technology into their platforms, which many perceive as the company's commitment to sustainable growth. It's worth noting that FactSet Research Services has experienced some layoffs, impacting its licensing revenue, posing potential concerns about its long-term stability.
Factset Research Systems FDS News Analytics from Wed, 03 Apr 2024 07:00:00 GMT to Sat, 01 Feb 2025 11:08:06 GMT -
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