Fico Falls To Near 2: year low after UBS cuts price target
11/03/2026 17:09
** Shares of Fair Isaac FICO.N, commonly known as FICO, drop 9.2% to $1,166.29 after hitting session low of $1,150.41, lowest level since May 2024 ** UBS cut price target on the applied analytics software company to $1,350 from $1,500 on Weds ** Stock on track for third straight session of declines, and has fallen more than 21% over that span, biggest 3-day drop since May 2025 ** FICO shares now down 31% YTD vs roughly 18% drop in S&P 500 software & services index .SPLRCIS as concerns about AI disruption have weighed on the sector ** Avg rating of 22 brokerages is "buy"; median PT $1,983.50, per LSEG data (Reporting by Chuck Mikolajczak) ((charles.mikolajczak@tr.com; @chuckmik.bsky.social))