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FICO price target lowered to $1,225 from $1,325 at JPMorgan

JPMorgan analyst Alexander Hess lowered the firm’s price target on FICO (FICO) to $1,225 from $1,325 and keeps a Neutral rating on the shares. The company reported a fiscal Q2 beat on better mortgage pricing power, the analyst tells investors in a research note. The firm believes investor debate will likely continue around the future of consumer credit scoring in the mortgage market.

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