Evercore ISI upgraded Equifax to Outperform from In Line with a price target of $310, up from $210. The firm sees headwinds abating this year, underscored by a trough and potential rebound in mortgage inquiries as interest rates likely decline and the employment picture remains stable, the analyst tells investors. This should provide a launchpad for “best-in-class revenue growth potential” for 2025, the analyst added.
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Read More on EFX:
- Equifax price target raised to $285 from $270 at Truist
- Equifax price target raised to $275 from $268 at Baird
- Equifax price target raised to $300 from $250 at Barclays
- Equifax Delivers Fourth Quarter 2023 Revenue growth of 11% to $1.327 Billion Amid Challenging Mortgage Market
- Equifax sees FY24 adjusted EPS $7.20-$7.50, consensus $8.08
