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Fly News Breaks for March 27, 2019
FDS
Mar 27, 2019 | 07:28 EDT
Cantor Fitzgerald analyst Joseph Foresi raised his price target for FactSet Research to $240 from $209 following the company's Q2 results but maintains a Neutral rating on the name. The analyst sees reduced market volatility and has optimism about FactSet's margin expansion and "faster-than-expected" integration of Merrill Lynch. However, he's looking for a driver for organic growth-rate reacceleration.
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