Top Wall Street Forecasters Revamp FactSet Research Expectations Ahead Of Q3 Earnings

Core Insights - FactSet Research Systems Inc. is expected to report quarterly earnings of $3.90 per share, an increase from $3.79 per share in the same period last year, with projected revenue of $552.71 million [4] - The company's board approved a 6% increase in the regular quarterly cash dividend from 98 cents per share to $1.04 per share [2] Analyst Ratings - Morgan Stanley analyst Toni Kaplan maintained an Underweight rating and reduced the price target from $372 to $350 [8] - Wolfe Research analyst Scott Wurtzel initiated coverage with an Underperform rating and a price target of $430 [8] - BMO Capital analyst Jeffrey Silber maintained a Market Perform rating and raised the price target from $447 to $458 [8] - Stifel analyst Shlomo Rosenbaum reiterated a Hold rating with a price target of $469 [8] - Barclays analyst Manav Patnaik downgraded the stock from Overweight to Equal-Weight and cut the price target from $480 to $460 [8] Stock Performance - FactSet Research shares increased by 0.3% to close at $408.35 [7]