Bernstein analyst Will Kirkness downgraded Experian (EXPGY) to Underperform from Market Perform with a price target of 3,050 GBp, down from 4,100 GBp. The firm thinks consensus growth expectations need to move lower. The business faces challenging comps in breach revenues, a more difficult Brazil and increasingly overlapping growth drivers with other credit agencies, the analyst tells investors in a research note.
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