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FactSet’s Q2 beat driven by competitive wins, higher pricing, says RBC Capital
RBC Capital keeps a Sector Perform rating and $243 price target on FactSet (FDS) after its Q2 results. The quarter beat expectations thanks to competitive wins and higher pricing capture, reflecting solid execution and revised sales incentive structures, the analyst tells investors in a research note. RBC adds that it expects operating leverage to drive FactSet margin expansion in 2027 and over the medium term.
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