FICO price target raised to $1,800 from $1,500 at Barclays

Barclays analyst Manav Patnaik raised the firm’s price target on FICO to $1,800 from $1,500 and keeps an Overweight rating on the shares after traveling with the company’s CFO. The firm says there is no change in the overall FICO strategy – the Pricing in Scores and the Platforming of Software are both still in the early innings, the analyst tells investors in a research note.