Goldman Sachs Upgrades Equifax (EFX) Two-Notches to Buy, Sees 18% Upside

Goldman Sachs upgraded Equifax (NYSE: EFX) from Sell to Buy with a price target of $50 (up from $36), suggesting 18% upside.

The firm cited: faster and earlier than expected turn in revenue growth; high model leverage to information services growth, consumer activity, labor, and lending; Better-than-expected incremental contribution from new performance initiatives; Scale dynamics suggest room for sustained annual margin expansion of 25 bp or higher.

For an analyst ratings summary and ratings history on Equifax click here. For more ratings news on Equifax click here.

Shares of Equifax closed at $42.41 yesterday, with a 52 week range of $28.59-$42.57.

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