Wells Fargo analyst Jason Haas raised the firm’s price target on FICO (FICO) to $2,400 from $2,300 and keeps an Overweight rating on the shares. The firm sees risk skewed to the upside ahead of FICO’s Q4 earnings driven by better-than-expected volumes in Scores on the back of easing rates. FICO recently announced its direct licensing program, which came as a positive surprise to investors, Wells adds.
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Read More on FICO:
- FICO ‘really outplaying’ the credit bureaus, says Bill Pulte
- FICO price target raised to $2,250 from $2,200 at Seaport Research
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