NEW YORK (TheStreet) -- Shares of Fair Isaac Corp. (FICO) closed up 0.87% to $85.85 in late afternoon trading Thursday after Barclays increased its price target to $95 from $85, while maintaining its "overweight" rating.
After their meeting with Fair Isaac, analysts became more positive on the analytics software company's partnership with Experian.com (EXPGY), Barclays said.
Barclays increased their fiscal year revenue estimates for 2015 and 2016 to $10 million and $18 million, respectively, due to the Experian.com partnership, analysts said.
Analysts estimate that 4 million paying users currently use the site, and that Experian.com users are growing 10% to 15% per year.
Barclays viewd the 17% year over year and 26% quarter over quarter growth in January in unique site visitors as a positive indication that the new Experian Fair Isaac product is finding some early traction.
Fair Isaac provides products and services that enable businesses to automate, improve and connect decisions to enhance business performance.
Separately, TheStreet Ratings team rates FAIR ISAAC CORP as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate FAIR ISAAC CORP (FICO) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income."
You can view the full analysis from the report here: FICO Ratings Report