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Fly News Breaks for March 27, 2019
FDS
Mar 27, 2019 | 06:12 EDT
Piper Jaffray analyst Peter Appert raised his price target for FactSet Research to $262 from $211 saying margin upside drove the Q2 earnings beat. Backlog growth suggests FactSet continues to gain market share, Appert tells investors in a research note. The analyst is a fan of the company's business model but views the stock as fairly valued at current levels. As such, he reiterates a Neutral rating on FactSet.
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