UBS initiated coverage of Equifax with a Buy rating and $360 price target The analyst is positive on the company’s higher mortgage exposure and says its greater capital return is not priced into the shares. The firm sees an “achievable path” towards 40% EBITDA margins given benefit from mortgage normalization in 2025 enhanced by completion of Equifax’s cloud transition.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EFX:
- Equifax upgraded to Neutral from Underperform at Exane BNP Paribas
- Equifax price target raised to $380 from $300 at Barclays
- TransUnion price target raised to $103 from $96 at Morgan Stanley
- Equifax price target raised to $271 from $250 at Morgan Stanley
- Foot Locker trips after earnings, Kohl’s posts Q2 beat: Morning Buzz