FICO price target raised to $655 from $537 at Baird

Baird analyst Jeffrey Meuler raised the firm’s price target on FICO to $655 from $537 and keeps a Neutral rating on the shares. The analyst said results were solid overall with Scores revenue modestly better than expected aided by license renewal offsetting B2C weakness, while Software was solid. Baird noted guidance was maintained, consistent with prior practice.