FactSet (FDS) Target Lowered by Wells Fargo Amid AI Concerns in Info Services

FactSet Research Systems Inc. (NYSE:FDS) is included among the 13 Cheapest Dividend Aristocrats to Invest in.

Photo by Vitaly Taranov connected Unsplash

On February 4, Wells Fargo  chopped its terms people connected FactSet Research Systems Inc. (NYSE:FDS) to $215 from $265 and maintained an Underweight rating. The determination came aft broader weakness successful the accusation services space. Stocks successful the radical sold disconnected pursuing Q4 results from Gartner and headlines astir Anthropic expanding into ineligible workflows. Investors grew cautious astir however AI could reshape parts of the industry. Wells Fargo, though, suggested the absorption whitethorn person been overdone. In its view, respective of the banal declines bash not afloat bespeak the spot of companies that ain invaluable proprietary data. The steadfast sees selective opportunities emerging, peculiarly among accusation services providers with defensible information assets.

A fewer days later, connected February 10, FactSet announced a concern with Kepler Cheuvreux. The statement volition bring Kepler Cheuvreux’s Aftermarket Research into the FactSet platform. The probe volition besides beryllium enhanced by FactSet’s ain AI tools, expanding the extent and usability of the contented for clients crossed EMEA.

Kepler Cheuvreux covers much than 1,000 European stocks crossed 34 sectors. Its squad of implicit 110 equity analysts operates from 12 probe offices located successful large fiscal hubs crossed Europe and Dubai. The steadfast is known for having 1 of the largest probe footprints successful the region.

This summation strengthens FactSet’s existing Aftermarket Research offering, which already includes contented from much than 1,800 brokers worldwide. Those contributors see firms specified arsenic J.P. Morgan, Barclays, UBS, Macquarie, RBC, Deutsche Bank, HSBC, and others.

FactSet Research Systems Inc. (NYSE:FDS) operates arsenic a planetary fiscal information and analytics platform, serving some institutions and idiosyncratic professionals. Its concern centers connected delivering integrated fiscal data, analytics, and exertion solutions that assistance clients research, analyze, and enactment connected marketplace accusation much efficiently.

While we admit the imaginable of FDS arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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