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Fly News Breaks for January 8, 2020
FICO
Jan 8, 2020 | 05:30 EDT
Jefferies analyst Surinder Thind raised his price target for Fair Isaac to $377 from $370 saying he expects the company to report fiscal Q1 adjusted earnings per share above $2.00, handily beating consensus. With interest rates back at historic lows, refinancing activity should remain elevated for two more quarters, providing for double-digit Scores revenue growth, Thind tells investors in a research note. The analyst keeps a Hold rating on Fair Isaac.
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