Oppenheimer raised the firm’s price target on FICO to $2,109 from $1,967 and keeps an Outperform rating on the shares. The firm also raised its Q3 EPS estimate from $6.27 to $6.58, primarily driven by higher Scores revenue and lower expenses than forecast.
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Read More on FICO:
- Wells adds FICO to Q4 Tactical Ideas List, raises price target to $2,200
- FICO initiated with a Neutral at UBS
- FICO price target raised to $2,150 from $1,800 at Barclays
- FICO initiated with an Outperform at Oppenheimer
- FICO initiated with an Overweight at Wells Fargo