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Wells Fargo has downgraded its outlook for FactSet Research Systems (BMV:FDS) from Equal-Weight to Underweight as of March 21, 2025. Several shareholders, including Bamco and Loomis Sayles & Co, have reduced their holdings, while Ninety One UK slightly increased its stake.
FactSet Research Systems has been downgraded to Underweight by Wells Fargo, which has raised concerns regarding the company's ASV guidance. This decision reflects potential risks that could impact the firm's performance moving forward.
Deutsche Bank has lowered its price target for FactSet Research Systems to $481 from $514 while maintaining a hold rating. FactSet specializes in financial data management and analysis, serving over 216,381 users as of August 2024, with net sales primarily from the Americas (64.4%).
FactSet Research Systems, Inc. focuses on developing a financial data management and analytics platform for investors and financial professionals. The platform offers extensive financial data and market intelligence, aiding clients in identifying investment opportunities and managing portfolios. As of August 2023, FactSet had over 189,972 users, with net revenue distribution of 64% from the Americas, 25.9% from Europe/Middle East/Africa, and 10.1% from Asia/Pacific.
Asia-Pacific markets declined as Wall Street's postelection rally lost momentum following Donald Trump's election win. The S&P 500 fell 0.29%, the Nasdaq Composite dropped 0.09%, and the Dow Jones Industrial Average decreased by 0.86%. Small-cap stocks, particularly the Russell 2000, experienced a significant 1.4% decline, reversing gains from the previous day, amid concerns of potential profit-taking and market positioning risks. The dollar index rose 0.4%, reaching its highest level against a basket of currencies since July 2024.
NVIDIA Corporation, a leader in programmable graphics processors, generates 77.8% of its sales from IT and networking solutions, including data center platforms and AI infrastructure, while graphics processors account for 22.2%. The company’s revenue is primarily derived from data storage (78%) and gaming (17.1%), with significant geographical sales in the USA (44.3%), Taiwan (22%), and China (16.9%).
According to UBS, Trump's proposed tariffs could lead to a 10% decline in the S&P 500, with projections of 5,200 points in 2025 and 5,650 in 2026. The analysis suggests significant negative impacts on global markets, particularly for foreign stocks, while a Republican victory may favor corporate tax cuts and deregulation. In contrast, a Democratic win could benefit European and emerging market stocks by reducing trade policy risks.
FactSet Research Systems Inc.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
wells fargo downgrades factset research systems as shareholders reduce stakes
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FactSet downgraded to underweight by Wells Fargo amid ASV guidance risks
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