Oppenheimer lowered the firm’s price target on Equifax to $272 from $291 and keeps an Outperform rating on the shares. Equifax’s EPS beat was driven by higher margin and lower tax rate than expected, the analyst tells investors in a research note.
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Read More on EFX:
- Equifax falls 5% to $226 after Q2, FY24 guidance misses estimates
- Equifax Delivers First Quarter 2024 Revenue Growth of 7% to $1.389 Billion Amid Challenging Mortgage Market
- 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
- Equifax reports Q1 adjusted EPS $1.50, consensus $1.44
