Equifax price target raised to $222 from $181 at Stifel

Stifel analyst Shlomo Rosenbaum raised the firm’s price target on Equifax to $222 from $181 and keeps a Buy rating on the shares. Equifax has lowered guidance due to mortgage headwinds in each of the first three quarters of 2022 and the firm’s mortgage rate lock tracker indicates that November was "a poor volume month," said Rosenbaum. However, the year-over-year rate of decline has started to flatten out and Rosenbaum believes "this might be signaling an end" to the company’s guidance reductions due to mortgage headwinds, he tells investors.