FICO price target raised to $820 from $700 at Barclays

Barclays analyst Manav Patnaik raised the firm’s price target on FICO to $820 from $700 and keeps an Overweight rating on the shares. The analyst increased estimates saying the company’s pricing is even stronger than expected. Mortgage revenue is showing very strong special pricing for 2023 and that will only get better with volumes, the analyst tells investors in a research note.