After FHFA director Bill Pulte announced that he is reviewing a deal on implementing Fair Isaac’s new credit score, FICO (FICO) 10T, Wells Fargo analyst Jason Haas view this as “an incremental positive” that could strengthen FICO’s “already dominant” position in credit scoring given the model’s improved predictive accuracy. The firm maintains an Overweight rating and $2,400 price target on FICO shares.
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