RBC Capital Affirms Outperform Rating on Fair Isaac Corp (FICO) and $2,170 Price Target
Fair Isaac Corp. (NYSE:FICO) is one of the 13 best software stocks to buy now. On June 13, RBC Capital reiterated an 'Outperform' rating on the stock and set a price target of $2,170. The firm reaffirmed the bullish stance in response to the publication of a Federal Housing Finance Agency 2024 Annual Report.
A software developer testing an application on a mobile device.
The report did not offer any updates on credit scoring systems. Most importantly, there was no mention of transitioning from tri-merge to bi-merge credit reporting. In addition, the report did not have any new requirements for adopting FICO Scores 10t or VantageScore 4.0. RBC Capital reiterated the outperform rating, affirming its optimistic outlook for the company.
Fair Isaac Corp. (NYSE:FICO) is a software application company that provides analytic, software, and data management products and services that help businesses automate, improve, and connect decisions. It is best known for developing the FICO® Score, a widely used credit score.
While we acknowledge the potential of FICO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 12 Best Healthcare Stocks to Buy Now and 10 Stocks Analysts Are Upgrading Today.
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USA Today
2 hours ago
- USA Today
Customer data possibly leaked in Aflac cyberattack, the third insurance hack this month
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2 hours ago
GOP's food stamp plan is found to violate Senate rules. It's the latest setback for Trump's big bill
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The parliamentarian's latest advice also said the committee's provision to make certain immigrants ineligible for food stamps would violate the rule. It found several provisions from the Senate Commerce, Science and Transportation Committee, which is led by Sen. Ted Cruz, R-Texas, to be in violation. They include one to provide $250 million to Coast Guard stations damaged by fire in 2025, namely one on South Padre Island in Texas. Still to come are some of the most important rulings from the parliamentarian. One will assess the GOP's approach that relies on 'current policy' rather than 'current law' as the baseline for determining whether the bill will add to the nation's deficits. Already, the parliamentarian delivered a serious setback Thursday, finding that the GOP plan to gut the Consumer Financial Protection Bureau, which was a core proposal coming from the Senate Banking, Housing and Urban Affairs Committee, would be in violation of the Byrd Rule. 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The Hill
3 hours ago
- The Hill
Sunday shows preview: GOP megabill faces ‘big, beautiful' road bumps; all eyes turn to Trump on Iran
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