FactSet’s Price Target Slashed 19% to $215, Adds Kepler Cheuvreux AI Research
Wells Fargo cut FactSet’s price target to $215 from $265, citing AI-driven shifts and weakness in information services following peers’ Q4 reports. FactSet also partnered with Kepler Cheuvreux to integrate over 1,000 European stock research into its EMEA platform, enhanced by FactSet’s own AI tools.
1. Wells Fargo Lowers Price Target
On February 4, Wells Fargo reduced FactSet’s price target to $215 from $265 and kept an underweight rating, highlighting AI-driven disruption and broader information services softness after competitors’ Q4 disclosures and AI workflow expansions.
2. Kepler Cheuvreux Partnership Expands Research Capability
On February 10, FactSet announced a partnership with Kepler Cheuvreux to bring its aftermarket research on more than 1,000 European stocks into FactSet’s platform, leveraging FactSet’s AI tools to deepen analytics and usability for clients across EMEA.