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Fair Isaac (FICO): New Buy Recommendation for This Technology Giant

Tipranks - Tipranks - Sat Jun 6, 12:44PM CDT

Goldman Sachs analyst George Tong maintained a Buy rating on Fair Isaac yesterday and set a price target of $1,543.00.

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Tong covers the Industrials sector, focusing on stocks such as Equifax, Cintas, and ManpowerGroup. According to TipRanks, Tong has an average return of 4.3% and a 53.77% success rate on recommended stocks.

In addition to Goldman Sachs, Fair Isaac also received a Buy from Deutsche Bank ‘s Faiza Alwy in a report issued on May 22. However, on May 21, Oppenheimer reiterated a Hold rating on Fair Isaac (NYSE: FICO).

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Based on Fair Isaac’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $691.68 million and a net profit of $264.46 million. In comparison, last year the company earned a revenue of $498.74 million and had a net profit of $162.62 million

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