FICO price target lowered to $1,550 from $1,900 at BofA

BofA analyst Curtis Nagle lowered the firm’s price target on FICO (FICO) to $1,550 from $1,900 and keeps a Buy rating on the shares. While reduced mortgage pricing visibility tempers the premium, the firm continues to see “durable value in FICO’s entrenched ecosystem,” the analyst tells investors in a post-earnings note.