Factset Research (FDS) Gets a Hold Rating from Wells Fargo


In a report released today, William Warmington from Wells Fargo maintained a Hold rating on Factset Research (NYSE: FDS), with a price target of $225. The company’s shares closed yesterday at $227.25, close to its 52-week high of $237.29.

According to TipRanks.com, Warmington is a 4-star analyst with an average return of 19.7% and a 78.9% success rate. Warmington covers the Services sector, focusing on stocks such as Houghton Mifflin, Moody’s Corp, and Acxiom Corp.

The word on The Street in general, suggests a Hold analyst consensus rating for Factset Research with a $209.33 average price target, implying a -7.9% downside from current levels. In a report issued on September 13, Morgan Stanley also maintained a Hold rating on the stock with a $210 price target.

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The company has a one-year high of $237.29 and a one-year low of $175.69. Currently, Factset Research has an average volume of 271K.

Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is negative on the stock. Most recently, in July 2018, Maurizio Nicolelli, the CFO of FDS sold 10,487 shares for a total of $2,138,220.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

FactSet Research Systems, Inc. provides integrated financial information and analytical applications for the global investment community. The company operates its business through the following segments: Research Solutions, Portfolio Management & Trading Solutions, Analytics Solutions, Wealth Solutions, and Content & Technology Solutions.

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