Evercore ISI Group Initiates Coverage On FactSet Research Systems with In-Line Rating, Announces Price Target of $470
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has initiated coverage on FactSet Research Systems with an In-Line rating and set a price target of $470.
October 02, 2024 | 11:39 am
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Evercore ISI Group has initiated coverage on FactSet Research Systems with an In-Line rating and a price target of $470, indicating a neutral stance on the stock.
The In-Line rating suggests that the analyst expects FactSet's stock to perform in line with the market or its sector. The price target of $470 provides a specific valuation expectation, which is crucial for investors. However, the neutral rating implies no strong buy or sell recommendation, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100