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Equifax price target raised to $205 from $185 at RBC Capital
The Fly

Equifax price target raised to $205 from $185 at RBC Capital

RBC Capital analyst Ashish Sabadra raised the firm’s price target on Equifax to $205 from $185 and keeps a Sector Perform rating on the shares after its Q4 earnings beat. Despite the conservative mortgage assumptions, strong pricing tailwinds bode well for the company’s FY23 revenue growth, the analyst tells investors in a research note. The firm adds however that Equifax margins came in significantly below expectations, also noting that it is struggling to reconcile the FY23 margin from the company’s reported quarterly cadence.

Published first on TheFly

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