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Goldman Sachs Reaffirms Their Sell Rating on Factset Research (FDS)

Tipranks - Tipranks - Thu May 28, 8:12AM CDT

Goldman Sachs analyst George Tong maintained a Sell rating on Factset Research yesterday and set a price target of $217.00. The company’s shares closed yesterday at $230.92.

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According to TipRanks, Tong is a 4-star analyst with an average return of 5.1% and a 54.61% success rate. Tong covers the Industrials sector, focusing on stocks such as Equifax, Cintas, and ManpowerGroup.

Currently, the analyst consensus on Factset Research is a Hold with an average price target of $257.78.

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Based on Factset Research’s latest earnings release for the quarter ending February 28, the company reported a quarterly revenue of $611.02 million and a net profit of $133.06 million. In comparison, last year the company earned a revenue of $570.66 million and had a net profit of $144.86 million

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