FactSet Research Systems (NYSE:FDS) Given New $210.00 Price Target at Barclays

Barclays has reduced its price target for FactSet Research Systems (NYSE:FDS) from $300.00 to $210.00, assigning an “underweight” rating. This adjustment comes despite FactSet beating quarterly expectations with EPS of $4.51 and revenue of $607.6 million, and authorizing a $600 million share buyback. Analyst sentiment for FDS is generally “Reduce” with an average price target of $291.62, while the stock trades closer to its 52-week low.