FactSet Reports Solid Revenue and Earnings Growth in Fourth Quarter 2017
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FactSet Research Systems (FDS) PT Raised to $192 at BofA/Merrill Lynch
September 27, 2017 8:57 AM EDTBofA/Merrill Lynch raised its price target on FactSet Research Systems (NYSE: FDS) to $192.00 (from $180.00) while maintaining a Neutral rating following the company's 4Q. Organic annual subscription value was up 5.7% YoY in 4QF17 vs +5.7% in 3QF17 and +6.5% in 2QF17.
Analyst... More
FactSet Research Systems (FDS) PT Raised to $166 at Morgan Stanley; Remains Sidelined
September 27, 2017 8:19 AM EDTMorgan Stanley raised its price target on FactSet Research Systems (NYSE: FDS) to $166.00 (from $157.00) while maintaining a Equalweight rating following the company's 4Q. Annual Subscription Value stabilized in F4Q17 at 5.7%. Analyst Toni Kaplan believes that this will continue to be the metric in... More
FactSet Research Systems (FDS) PT Raised to $169 at Stifel Following 4Q
September 27, 2017 7:12 AM EDTStifel raised its price target on FactSet Research Systems (NYSE: FDS) to $169.00 (from $163.00) while maintaining a Hold rating following the company's 4Q. ASV organic growth was driven by growth across Analytics, Investment Banking, and CTS. However, analyst Shlomo Rosenbaum isn't clear whether the... More
Factset Research Systems (FDS) Tops Q4 EPS by 1c
September 26, 2017 7:00 AM EDTFactset Research Systems (NYSE: FDS) reported Q4 EPS of $1.90, $0.01 better than the analyst estimate of $1.89. Revenue for the quarter came in at $326.6 million versus the consensus estimate of $325.27 million.
First Quarter Fiscal 2018 Expectations:
GAAP Revenues are expected to be in the... More
