FactSet (FDS) Faces Price Target Cut from Barclays on Market Data Industry Concerns

FactSet Research Systems Inc. (NYSE:FDS) is included among the 13 Most Promising Long-Term Stocks to Buy According to Hedge Funds.

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On February 23, Barclays lowered its price recommendation on FactSet Research Systems Inc. (NYSE:FDS) to $210 from $300. The firm maintained an Underweight rating on the shares. In its research note, Barclays said AI has “exacerbated investor concerns around what was already an intensely competitive market data vendor industry.” The firm pointed to growing competition and changing technology dynamics as key factors shaping the outlook.

Earlier, on February 10, FactSet announced a partnership with Kepler Cheuvreux. The agreement will bring Kepler Cheuvreux’s Aftermarket Research directly into the FactSet platform. FactSet will also apply its own AI tools to enhance the research, making it more accessible and useful for clients across the EMEA region.

Kepler Cheuvreux covers more than 1,000 European stocks across 34 sectors. Its research team includes over 110 equity analysts working from 12 offices in major financial centers across Europe and Dubai. The firm has built one of the largest research networks in the region, which adds meaningful depth to FactSet’s offering. This partnership expands FactSet’s existing Aftermarket Research platform. The service already includes research from more than 1,800 brokers worldwide. These contributors include major firms such as J.P. Morgan, Barclays, UBS, Macquarie, RBC, Deutsche Bank, and HSBC.

FactSet Research Systems Inc. (NYSE:FDS) operates as a global provider of financial data and analytics. Its platform delivers integrated data, analytics, and technology tools that help investors and financial professionals analyze markets and make informed decisions.

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