Wells adds FICO to Q4 Tactical Ideas List, raises price target to $2,200

Wells Fargo analyst Jason Haas raised the firm’s price target on FICO to $2,200 from $2,100 and keeps an Overweight rating on the shares, while adding the stock to Q4 Tactical Ideas List. The firm estimates a nearly $200M FY25 pricing benefit if FICO takes its mortgage score price to $5.00, with upside from pricing in auto and card.