Wells Fargo raised the firm’s price target on FactSet to $503 from $435 and keeps an Equal Weight rating on the shares. FactSet’s ASV was in line with guidance but revenue was ahead, and the midpoint of FY25 ASV and EPS guidance was below the Street but may prove conservative, the analyst tells investors in a research note. Wells awaits clearer signs of a rebound in end-market demand.
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