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Fly News Breaks for June 27, 2018
FDS
Jun 27, 2018 | 09:22 EDT
DA Davidson analyst Peter Heckmann keeps his Neutral rating and $185 price target on FactSet after its Q3 results, saying the company's organic revenue growth of 5.7% was in line with the first half but organic annual subscription value growth of 5.3% was down from 5.8% in Q2. The analyst also notes that operating margins fell about 110bps over the prior year period to 31%, which was 70bps below his forecast.
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