Redburn Atlantic Downgrades FactSet Research Systems to Sell, Lowers Price Target to $380
Portfolio Pulse from Benzinga Newsdesk
Redburn Atlantic has downgraded FactSet Research Systems from Neutral to Sell and reduced its price target from $420 to $380.
October 09, 2024 | 4:17 pm
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NEGATIVE IMPACT
Redburn Atlantic has downgraded FactSet Research Systems from Neutral to Sell, with a new price target of $380, down from $420.
The downgrade from Neutral to Sell by Redburn Atlantic suggests a negative outlook on FactSet's stock performance. The lowered price target from $420 to $380 indicates expectations of a decline in stock value, likely leading to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100