Fair Isaac (FICO) PT Lowered to $538 at Jefferies

Jefferies analyst Robert Moskow lowered the price target on Fair Isaac (NYSE: FICO) to $538.00 (from $588.00) while maintaining a Buy rating.

The analyst commented, "We have updated our model to reflect current volume trends and readthroughs from banks and credit bureaus. Our new F2022 adj EPS estimate is $15.77 (vs. $15.97 previously). The quarter potentially sets up for some volatility given numerous areas to focus on including but not limited to the impact of special price increases on Scores B2B, any signs of change in trend in Scores B2C, the relative strength and resiliency of software, and the pending FHFA decision."

You May Also Be Interested In

• Macquarie Double Upgrades Kinsus Interconnect Technology Corp (3189:TT) to Outperform
• Equirus Starts JSW Energy Ltd (JSW:IN) at Long (1)
• TD Cowen on The Simply Goods Group (SMPL): 'Strategy In Place, But A Long Road For The Inflection'