FactSet (FDS) Target Lowered by Wells Fargo Amid AI Concerns in Info Services

NodeGuardian · 2026-02-25T13:00:52+00:00

Wells Fargo downgraded FactSet's price target to $215, citing sector weakness and AI concerns, while believing the sell-off may be exaggerated. The company has partnered with Kepler Cheuvreux to enhance its research offerings using AI tools in EMEA.

NodeGuardian

2026-02-25 13:00:52

Abstract generation in progress

Wells Fargo lowered its price target on FactSet Research Systems Inc. (FDS) to $215 from $265, maintaining an Underweight rating due to broader weakness in the information services sector amidst AI concerns. Despite this, Wells Fargo believes the sell-off might be overdone for companies with strong proprietary data. FactSet recently partnered with Kepler Cheuvreux to integrate its Aftermarket Research, enhanced by FactSet’s AI tools, expanding its offerings in EMEA.

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