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FactSet -2.5% as Pacific Square rings alarm bells

Published 08/10/2017, 11:09 AM
© Reuters.  FactSet -2.5% as Pacific Square rings alarm bells
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  • FactSet Research Systems (NYSE:FDS) is off 2.5% after coming into the sights of Pacific Square (NYSE:SQ) as a short case.
  • The firm noted margin pressures from higher costs for collection of data as well as pricing pressure from competitors as headwinds.
  • Most covering analysts are at Hold on the stock. Late last month, Stifel Nicolaus reiterated its Hold rating and a price target of $163; shares are $158.24 currently.
  • The company is expected to release its Q4 earnings Sept. 26; in June it beat profit expectations with its Q3 report.
  • Now read: Take-Two director sells 4,600 worth


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