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Market Impact: 0.48
Bank of America Cut Its Fair Isaac Price Target in Half and the Stock Still Fell Below It
Source: 247wallst.com
Regulation & LegislationHousing & Real EstateCompany FundamentalsAnalyst Insights
Bank of America cut its Fair Isaac (FICO) price target by 50%, but the stock continued falling below that level. Regulatory changes to mortgage credit-scoring practices could structurally weaken FICO's position in a key end market, materially altering the investment case.
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Overall Sentiment
strongly negative
Sentiment Score
-0.68
Ticker Sentiment
BAC-0.10
FICO-0.85
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