Goldman Sachs lowered the firm’s price target on Equifax to $241 from $276 and keeps a Neutral rating on the shares. Following the Q1 results, the analyst believes the near-to-medium term revenue and margin outlook for Equifax has become “more uncertain and incrementally more subdued.” The firm sees this limiting the stock’s valuation upside potential over the next four quarters.
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- Equifax falls 5% to $226 after Q2, FY24 guidance misses estimates
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- Equifax backs FY24 adjusted EPS view $7.20-$7.50, consensus $7.64
- Equifax sees Q2 adjusted EPS $1.65-$1.75, consensus $1.87
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