FICO Fair Isaac absorbed two analyst target cuts today. JP Morgan slashed its price to $1,325 from $1,825 while maintaining a hold rating. Baird followed with a reduction to $1,547 from $1,960 keeping a buy stance. The $23B credit scoring firm faced mounting skepticism despite analyst conviction splits.
HD Home Depot saw BNP Paribas slash its target to $348 from $391. The $260B retailer held a hold rating as housing market uncertainty persisted. TSN Tyson Foods dropped to $65 from $67 at JP Morgan amid food sector pressure.
KKR KKR grabbed a dramatic target cut from BMO Capital falling to $106 from $125. The private equity giant maintained a buy rating showing mixed conviction. ECL Ecolab declined to $296 from $320 at Baird.
RCL Royal Caribbean bucked the trend with a Truist upgrade to $327 from $318. The cruise operator showed resilience as travel demand held. RL Ralph Lauren gained consensus upgrade momentum.
PGR Progressive saw minor consensus target adjustment to $232.81 from $232.29. The insurer faced earnings scrutiny today.
Target cuts dominated Friday action with analysts pulling forecasts across sectors.
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