Raymond James Initiates Coverage of Fair, Isaac (FICO) with Outperform Recommendation
Nasdaq Fintel reports that on September 6, 2023, Raymond James initiated coverage of Fair, Isaac (NYSE:FICO) with a Outperform recommendation.
Analyst Price Forecast Suggests 8.30% Upside
As of August 31, 2023, the average one-year price target for Fair, Isaac is 966.83. The forecasts range from a low of 858.50 to a high of $1,155.00. The average price target represents an increase of 8.30% from its latest reported closing price of 892.71.
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The projected annual revenue for Fair, Isaac is 1,516MM, an increase of 2.95%. The projected annual non-GAAP EPS is 20.04.
What is the Fund Sentiment?
There are 1362 funds or institutions reporting positions in Fair, Isaac. This is an increase of 49 owner(s) or 3.73% in the last quarter. Average portfolio weight of all funds dedicated to FICO is 0.41%, a decrease of 8.73%. Total shares owned by institutions decreased in the last three months by 6.77% to 24,192K shares. The put/call ratio of FICO is 1.05, indicating a bearish outlook.