FICO Rebounds, Abercrombie & Fitch Surges, Fannie Mae Rises After Trump Comments
On this episode of Stock Movers:
- Fair Isaac Corp. (FICO) shares snap five days of losses, after Baird raised the recommendation on the credit analytics firm to outperform from neutral, saying the recent regulatory risk driven pullback returns shares to valuation that can “enable good multi-year upside.”
- Abercrombie & Fitch (ANF) shares surge after the retailer raised its full-year outlook, showing confidence in navigating the changing tariff landscape. The retailer now expects full-year net sales growth of 3% to 6%, including $50 million of tariff expenses, and does not plan broad-based ticket increases.
- Fannie Mae (FNMA) shares rise after President Donald Trump said that the US government would retain guarantees and an oversight role over Fannie Mae and Freddie Mac even as he pursues a public offering for the mortgage giants.
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