FICO

Analyst cuts weighing on the stock

• FICO −0.08% on the last session vs SPY +0.74%: −0.8 pts of stock-specific move.
• Aftermath, analyst downgrade (Oct 1): After its 2 analyst downgrades in the past 5 years, FICO typically gained 2.1% over the next day (median) and was higher 50% of the time. An ordinary day: +0.2%. (Low confidence: few independent periods.)
• 1 Reddit mentions in the past 24 hours, 75% positive over the week.
• 6 analyst actions in the past 10 days (0 positive, 6 negative); latest: Barclays maintained Overweight, lowered target $935 → $875.
• Market backdrop (Fri): Average Hourly Earnings m/m 0.1% vs 0.3% expected (cooler); Non-Farm Employment Change 29K vs 89K expected (weaker); S&P futures +0.41%, 10-year yield -5bp in the 30 minutes after.