Baird raised the firm’s price target on Equifax (EFX) to $333 from $290 and keeps an Outperform rating on the shares. The firm said its guidance reduction modest negative, but the copany is entering a period of strong multi-year EPS growth, they consider the valuation attractive normalized for mortgage cycle; and the company is now their top consumer credit info stock idea.
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Read More on EFX:
- Equifax price target lowered to $293 from $312 at Goldman Sachs
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- Equifax reports Q3 adjusted EPS $1.85, consensus $1.83
- Equifax sees Q4 adjusted EPS $2.08-$2.18, consensus $2.20
- Equifax narrows FY24 adjusted EPS view to $7.25-$7.35 from $7.20-$7.50