FactSet reinstated with a Neutral at BofA

BofA reinstated coverage of FactSet with a Neutral rating and $450 price target. The stock’s risk/reward is balanced, the analyst tells investors in a research note. Whle FactSet’s investments and price realization efforts are bearing fruit, pressures on its financial services clients will limit its sales and valuation upside, says the firm.

Published first on TheFly

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