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

FactSet Research Systems Inc. (NYSE:FDS) is included among the 13 Cheapest Dividend Aristocrats to Invest in.

On February 4, Wells Fargo  cut its price target on FactSet Research Systems Inc. (NYSE:FDS) to $215 from $265 and maintained an Underweight rating. The move came after broader weakness in the information services space. Stocks in the group sold off following Q4 results from Gartner and headlines about Anthropic expanding into legal workflows. Investors grew cautious about how AI could reshape parts of the industry. Wells Fargo, though, suggested the reaction may have been overdone. In its view, several of the stock declines do not fully reflect the strength of companies that own valuable proprietary data. The firm sees selective opportunities emerging, particularly among information services providers with defensible data assets.

A few days later, on February 10, FactSet announced a partnership with Kepler Cheuvreux. The agreement will bring Kepler Cheuvreux’s Aftermarket Research into the FactSet platform. The research will also be enhanced by FactSet’s own AI tools, expanding the depth and usability of the content for clients across EMEA.

Kepler Cheuvreux covers more than 1,000 European stocks across 34 sectors. Its team of over 110 equity analysts operates from 12 research offices located in major financial hubs across Europe and Dubai. The firm is known for having one of the largest research footprints in the region.

This addition strengthens FactSet’s existing Aftermarket Research offering, which already includes content from more than 1,800 brokers worldwide. Those contributors include firms such as J.P. Morgan, Barclays, UBS, Macquarie, RBC, Deutsche Bank, HSBC, and others.

FactSet Research Systems Inc. (NYSE:FDS) operates as a global financial data and analytics platform, serving both institutions and individual professionals. Its business centers on delivering integrated financial data, analytics, and technology solutions that help clients research, analyze, and act on market information more efficiently.

While we acknowledge the potential of FDS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 13 Best Roth IRA Stocks to Buy Now and Dividend Champions, Contenders and Challengers list: 15 Highest Yielding Stocks

Disclosure. None.