FICO price target lowered to $2,200 from $2,300 at BMO Capital

BMO Capital analyst Ryan Griffin lowered the firm’s price target on FICO (FICO) to $2,200 from $2,300 and keeps an Outperform rating on the shares. The company reported a sizable margin-driven beat to consensus, the analyst tells investors in a research note. BMO adds it would be a buyers of any weakness, though it is also lowering its target on more recent multiples.