FICO price target raised to $2,275 from $2,250 at Jefferies

Jefferies analyst Surinder Thind raised the firm’s price target on FICO (FICO) to $2,275 from $2,250 and keeps a Buy rating on the shares. Among the credit bureaus, the firm expects Q4 revenues to top expectations for Equifax (EFX), FICO and TransUnion (TRU), but says the focus will be on guidance. Despite the firm’s above-consensus outlook for growth, it expects Equifax and TransUnion to guide “conservatively, and at best meet expectations,” the analyst tells investors in a preview for the group. For FICO, the firm anticipates “a relatively quiet quarter with no change in guidance and limited new commentary,” the analyst added.