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Fly News Breaks for January 24, 2020
FICO
Jan 24, 2020 | 07:29 EDT
After FICO announced yesterday that it will launch its new FICO Score 10 Suite this summer, Jefferies analyst Surinder Thind noted that FICO Score 9 was introduced in 2014 but still remains less popular that FICO Score 8, concluding that broad adoption of Score 10 is likely years away. The analyst, who expects an "upgrade cycle" to have no measurable impact on the company's financials in the near to medium term, keeps a Hold rating on Fair Isaac shares.
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