FICO price target raised to $1,234 from $950 at Barclays

Barclays raised the firm’s price target on FICO to $1,234 from $950 and keeps an Overweight rating on the shares. The analyst thinks the company’s special pricing increase will be substantial and continues to see more room for further pricing, not only in mortgage but in other verticals as well. FICO’s strong mortgage pricing power should help drive the stock, the analyst tells investors in a research note.