Barclays Cuts Equifax's Price Target By 9%

Comments
Loading...
  • Equifax Inc's EFX price target has been lowered to $300 (an upside of 26%) from $330 by Barclays analyst Manav Patnaik.
  • The analyst maintained his Overweight rating on EFX's shares.
  • Patnaik's price target reduction mirrors market de-rating and the recession risk.
  • Meanwhile, the analyst appreciates the diversity of the company's solution sets and tech-powered innovation capabilities.
  • Yesterday, Morgan Stanley lowered its price target on Equifax to $274 (an upside of 16%) from $296 while maintaining the Overweight rating on the shares.
  • Also Read: Equifax, Team Velocity Partner On Marketing Solutions For Auto Dealers
  • Price Action: EFX shares traded higher by 1.80% at $238.03 on the last check Thursday.
EFX Logo
EFXEquifax Inc
$219.290.72%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
33.05
Growth
47.57
Quality
89.32
Value
14.57
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm

Posted In: