FICO price target raised to $1,210 from $1,035 at Jefferies

Jefferies analyst Surinder Thind raised the firm’s price target on FICO to $1,210 from $1,035 and keeps a Buy rating on the shares post the fiscal Q4 report. The analyst increased fiscal 2024 revenue expectations on larger than anticipated price increases included within the company’s guidance. The firm sees “material upside risk to guidance assuming there is not a material degradation in the macro.”