Equifax price target raised to $222 from $195 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Equifax to $222 from $195 and keeps a Neutral rating on the shares. The analyst cites peer group multiple appreciation for the target increase. The firm says mortgage headwinds at Equifax are more significant than new revenue contributions from the recently completed Boa Vista acquisition in Brazil, prompting a cut to the company’s 2023 guidance with the Q3 results.