FDS Stock Recent News
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FactSet (FDS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
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NORWALK, Conn., Aug. 05, 2024 (GLOBE NEWSWIRE) -- FactSet (“FactSet” or the “Company”) (NYSE:FDS) (NASDAQ:FDS), a global financial digital platform and enterprise solutions provider, today announced that Kristina Karnovsky, a veteran FactSet executive who currently serves as Executive Vice President and Chief Product Officer, has been appointed Executive Vice President and Head of the Dealmakers and Wealth group, effective September 1. Karnovsky succeeds Goran Skoko, who will become Chief Revenue Officer, as previously announced.
NORWALK, Conn., Aug. 05, 2024 (GLOBE NEWSWIRE) -- FactSet (NYSE: FDS | NASDAQ: FDS), a global financial digital platform and enterprise solutions provider, today announced that its Board of Directors approved a regular quarterly cash dividend of $1.04 per share.
Current FactSet Executive Goran Skoko to Take on Role of Chief Revenue Officer Company Reaffirms Full-Year Fiscal 2024 Guidance NORWALK, Conn., July 23, 2024 (GLOBE NEWSWIRE) -- FactSet (“FactSet” or the “Company”) (NYSE:FDS) (NASDAQ:FDS), a global financial digital platform and enterprise solutions provider, today announced that Helen Shan, a seasoned FactSet executive who currently serves as Executive Vice President and Chief Revenue Officer, has been appointed Chief Financial Officer, effective immediately.
I upgraded my recommendation from hold to buy. I expect growth acceleration as the demand environment recovers; delayed deals materializing; new Gen AI products drive adoption. Valuation has become more attractive relative to the last time I wrote about it, as the stock is now trading at a discount to the historical average.
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FactSet (FDS) is benefiting from a growing customer base and a strong global presence.
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