FactSet Research Sees Big Opportunities for Future Growth
When Wall Street is healthy, FactSet Research Systems (NYSE: FDS) tends to be healthy. The provider of financial research and institutional support has benefited tremendously from the eight-year bull market in stocks, and strategic acquisitions have helped give it greater exposure to key growth areas like wealth management and portfolio analytics.
Coming into Tuesday's fiscal fourth-quarter financial report, FactSet shareholders wanted to see the company finish the year on a strong note, with solid gains coming both from its core business and from expansion initiatives. FactSet's results were impressive, and the company hopes to enter fiscal 2018 on an upbeat note. Let's look more closely at FactSet Research Systems and what its latest results say about its future.
Image source: FactSet Research Systems.
Source: Fool.com
Factset Research Systems Stock
Based on 1 Buy predictions and 2 Sell predictions the sentiment towards Factset Research Systems is rather balanced.
With a target price of 387 € there is a slightly negative potential of -2.74% for Factset Research Systems compared to the current price of 397.9 €.
