Morgan Stanley lowered the firm’s price target on FactSet (FDS) to $390 from $409 and keeps an Underweight rating on the shares. Organic annual subscription value again decelerated with guidance narrowed, but maintained at the midpoint, the firm says. Management continues to be positive into the second half of 2025, though Morgan Stanley remains cautious given the lack of sustained improvement with both buy-side and sell-side ASV decelerating again.
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Read More on FDS:
- Cautious Outlook on FactSet Research Due to Slowing ASV Growth and Unchanged Margin Guidance
- FactSet downgraded to Underweight from Equal Weight at Wells Fargo
- FactSet Reports Steady Growth in Q2 2025 Earnings
- FactSet’s Hold Rating: Balancing Positive Performance with Growth Challenges Amid Market Volatility
- FactSet backs FY25 adjusted EPS view $16.80-$17.40, consensus $17.12
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