FDS - FactSet Research Systems: ASV Growth Will Likely Be Weak In FY 2024 Initiate With 'Buy'
2024-03-21 20:49:38 ET
Summary
- FactSet Research Systems is facing growth challenges due to layoffs in the banking sector and a weak market in private equity.
- FactSet competes with Bloomberg, Capital IQ, and Refinitiv, offering cost-effective solutions for buy/sell side institutions.
- FactSet's acquisition of CGS has enhanced its technology strengths and has the potential for significant revenue synergies.
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FactSet Research Systems: ASV Growth Will Likely Be Weak In FY 2024, Initiate With 'Buy'