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RBC Downgrades Fair Isaac to Sector Perform and Cuts Target to $770

FICO shares were up 0.54% at $704.83 in late-morning trading ET on Nov. 5.

An unmarked share certificate rests beside a lowered steel marker / TokenPost.ai
An unmarked share certificate rests beside a lowered steel marker / TokenPost.ai

RBC Capital Markets lowered its rating on Fair Isaac Corporation (FICO) to Sector Perform from Outperform on Thursday, Nov. 5. Sector Perform is RBC's hold-equivalent rating.

RBC cut its price target to $770 from $1,045. Fair Isaac shares were up 0.54% at $704.83 in late-morning trading ET that day.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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