B of A Securities Downgrades FactSet Research Systems to Underperform, Lowers Price Target to $407
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has downgraded FactSet Research Systems (NYSE:FDS) from Neutral to Underperform and lowered the price target from $500 to $407.
May 30, 2024 | 10:32 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
B of A Securities has downgraded FactSet Research Systems from Neutral to Underperform and reduced the price target from $500 to $407, indicating a bearish outlook.
The downgrade from Neutral to Underperform and the significant reduction in the price target from $500 to $407 by B of A Securities suggests a negative outlook for FactSet Research Systems. This is likely to result in a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100