FICO price target lowered to $2,100 from $2,150 at Jefferies

Jefferies analyst Surinder Thind lowered the firm’s price target on FICO (FICO) to $2,100 from $2,150 and keeps a Buy rating on the shares following the fiscal Q4 report. The results missed expectations due to a challenging quarter in software and the fiscal 2026 outlook came in well below estimates, the analyst tells investors in a research note. However, Jefferies points out that management emphasized the outlook was more conservative than normal given uncertainty regarding how mortgage will play out. The firm reduced estimates for FICO following the print.