BUZZ-Financial data provider FactSet set to end week on high note
FactSet Research Systems Inc.
S&P 500 index
FactSet Research Systems Inc. FDS | 0.00 | |
S&P 500 index SPX | 0.00 |
** Financial data provider FactSet's FDS.N shares jump 9.6% to $228.94, on track for biggest one-day gain since June 1
** Stock set to snap six-session losing streak if gains hold; among top performing S&P 500 stocks on Friday
** FDS stock has struggled this year amid AI disruption fears to business models and valuations
** Friday's jump comes as investors rotated into software stocks, with several software names among top S&P 500 performers on the day
** 3 of 20 brokerages rate stock "buy", 11 "hold" and 6 "sell" or lower; median PT $240 - data compiled by LSEG
** As of last close, FDS stock down 28% YTD
