Jefferies upgraded Equifax to Buy from Hold with a price target of $315, up from $200. The firm’s new higher resolution model suggests the potential for sustainable multiyear double-digit revenue and earnings growth on continued strong pricing power, TWN records growth, client penetration, and a return to more normalized volumes in mortgage, the analyst tells investors in a research note. The firm is now modeling revenues of $5.92B and adjusted EPS of $8.25 for 2024.
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