Reported 3 days ago
BMO Capital has reaffirmed its ‘Outperform’ rating for Fair Isaac Corporation (FICO) but lowered the price target from $1,800 to $1,650 following insights from former employee Clayton Dukes. Dukes highlighted risks associated with a duopoly in the credit rating industry and potential flat pricing for the company. Despite the price target adjustment, BMO expresses continued confidence in Fair Isaac's long-term performance and prospects.
Source: YAHOO