Deutsche Bank analyst Faiza Alwy raised the firm’s price target on Equifax to $175 from $160 and keeps a Hold rating on the shares. The analyst views the company’s acquisition of Boa Vista Servicos favorably, saying it offers a strategic growth opportunity in a large emerging market with strong growth underpinned by positive data adoption. However, maintains a Hold Rating on Alwy, mostly on relative valuation in front of a potential recession.
Published first on TheFly
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- Equifax Makes Offer to Acquire Boa Vista Serviços in Brazil for R$8 Per Share
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