FactSet falls after announcing acquisition of German fintech BCC Group

Shares of financial data provider FactSet Research Systems FDS.N fall more than 2% to $278

Co announces acquisition of Germany-based financial technology provider BCC Group International GmbH

Expects to integrate BCC Group's ONE Platform solution into its Real-Time Solution Suite, giving clients deployment flexibility without the overhead of monolithic systems

4 of 20 brokerages rate the stock "buy" or above, 10 "hold", 5 "sell" and 1 "strong sell"; median PT at $281.33 - data compiled by LSEG

Including session moves, stock down 4% YTD