Equifax (EFX) PT Raised to $335 at Needham & Company

November 12, 2021 6:16 AM EST
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Price: $282.15 --0%

Rating Summary:
    13 Buy, 10 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 17 | Down: 10 | New: 29
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Needham & Company analyst Kyle Peterson raised the price target on Equifax (NYSE: EFX) to $335.00 (from $295.00) while maintaining a Buy rating.

The analyst commented, "Earlier this week, we attended EFX's virtual investor day, its first under the current management team. The event failed to disappoint, with management unveiling LT financial targets which call for stronger organic growth, significant margin expansion, and increased capital return to shareholders through dividends and share repurchases. Coming off the event, we remain increasingly confident in EFX's ability to sustain above-trend revenue and EPS growth for the next several years, with the company's quickly growing workforce solutions and identity and fraud offerings leading the way. We are reiterating our BUY rating and raising our price target to $335."

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