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FICO initiated with a Neutral at UBS

FICO initiated with a Neutral at UBS

UBS initiated coverage of FICO with a Neutral rating and $2,100 price target The company’s remixing revenue amid a strategic positioning seems priced into the shares, the analyst tells investors in a research note. The firm believes FICO’s sustainable pricing in Scores and growing penetration of Platform software is balanced by the stock’s current risk/reward.

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