Wells Fargo lowered the firm’s price target on Equifax to $200 from $215 and keeps an Equal Weight rating on the shares. The firm cites macro and mortgage uncertainty for the price target decrease, even as non-mortgage was solid and mortgage market outperformance continued, the analyst tells investors in a research note.
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Read More on EFX:
- Equifax price target lowered to $208 from $231 at Stifel
- Equifax price target lowered to $228 from $239 at Baird
- Equifax falls 6% to $163.98 after cutting FY23 outlook
- Equifax Third Quarter Results Show Strong Execution Towards Strategic Priorities In Challenging Mortgage Market
- Equifax cuts FY23 adjusted EPS view to $6.62-$6.72 from $6.98, consensus $6.91