FactSet (FDS) Faces Price Target Cut from Barclays on Market Data Industry Concerns

FactSet Research Systems Inc. (NYSE:FDS) is included among the 13 Most Promising Long-Term Stocks to Buy According to Hedge Funds.

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On February 23, Barclays lowered its terms proposal connected FactSet Research Systems Inc. (NYSE:FDS) to $210 from $300. The steadfast maintained an Underweight standing connected the shares. In its probe note, Barclays said AI has “exacerbated capitalist concerns astir what was already an intensely competitory marketplace information vendor industry.” The steadfast pointed to increasing contention and changing exertion dynamics arsenic cardinal factors shaping the outlook.

Earlier, connected February 10, FactSet announced a concern with Kepler Cheuvreux. The statement volition bring Kepler Cheuvreux’s Aftermarket Research straight into the FactSet platform. FactSet volition besides use its ain AI tools to heighten the research, making it much accessible and utile for clients crossed the EMEA region.

Kepler Cheuvreux covers much than 1,000 European stocks crossed 34 sectors. Its probe squad includes implicit 110 equity analysts moving from 12 offices successful large fiscal centers crossed Europe and Dubai. The steadfast has built 1 of the largest probe networks successful the region, which adds meaningful extent to FactSet’s offering. This concern expands FactSet’s existing Aftermarket Research platform. The work already includes probe from much than 1,800 brokers worldwide. These contributors see large firms specified arsenic J.P. Morgan, Barclays, UBS, Macquarie, RBC, Deutsche Bank, and HSBC.

FactSet Research Systems Inc. (NYSE:FDS) operates arsenic a planetary supplier of fiscal information and analytics. Its level delivers integrated data, analytics, and exertion tools that assistance investors and fiscal professionals analyse markets and marque informed decisions.

While we admit the imaginable of FDS arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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