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FactSet (FDS) Faces Price Target Cut from Barclays on Market Data Industry Concerns
Yahoo Finance· 2026-02-25 16:29
Group 1 - FactSet Research Systems Inc. (NYSE:FDS) is recognized as one of the 13 most promising long-term stocks to buy according to hedge funds [1] - Barclays has lowered its price target for FactSet from $300 to $210, maintaining an Underweight rating due to increased competition and changing technology dynamics in the market data vendor industry [2] - The company announced a partnership with Kepler Cheuvreux to integrate its Aftermarket Research into the FactSet platform, enhancing accessibility and utility for clients in the EMEA region [3][4] Group 2 - FactSet operates as a global provider of financial data and analytics, offering integrated data, analytics, and technology tools to assist investors and financial professionals in market analysis [5] - The partnership with Kepler Cheuvreux adds significant depth to FactSet's existing Aftermarket Research platform, which already includes contributions from over 1,800 brokers worldwide [4]