FactSet Research Likely To Report Higher Q4 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
FactSet Research Systems Inc. (NYSE:FDS) is expected to report higher Q4 earnings of $3.50 per share, up from $3.13 per share a year ago. Revenue is projected to be $535.28 million, compared to $499.3 million in the year-ago period. The company's shares fell 0.6% to close at $423.77 on Wednesday. Several analysts have recently adjusted their price targets for the company.
September 21, 2023 | 6:56 am
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FactSet Research is expected to report higher Q4 earnings, which could potentially boost investor confidence. However, recent price target adjustments by analysts may impact the stock's performance.
Higher earnings generally boost investor confidence and can lead to a rise in stock price. However, the recent adjustments in price targets by analysts indicate differing views on the company's future performance, which could create some volatility in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100