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UPDATE: Piper Jaffray Upgrades FactSet Research on Improving Industry Dynamics

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UPDATE: FactSet Research Q2 Profit Misses Estimates, CEO To Step Down
Earnings Scheduled For March 17, 2015

In a report published on Thursday, Piper Jaffray analyst Peter P. Appert Upgraded FactSet Research (NYSE: FDS) from Neutral to Overweight and raised the price target on the company from $95 to $121.

In the report, Piper Jaffray noted, "We believe improving demand dynamics, an evolving competitive market, and compelling financial model characteristics are the catalysts for upside in FDS shares after two years of significant underperformance."
FactSet Research closed on Wednesday at $97.07.

Latest Ratings for FDS

DateFirmActionFromTo
Mar 2015BarclaysMaintainsEqual-weight
Mar 2015Bank of AmericaInitiates Coverage onNeutral
Feb 2015Stifel NicolausMaintainsBuy

View More Analyst Ratings for FDS
View the Latest Analyst Ratings

Posted-In: FactSet Research NYSE Peter P. Appert Piper JaffrayAnalyst Color Upgrades Analyst Ratings

 

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