Needham analyst Kyle Peterson reiterated a Buy rating on Equifax today and set a price target of $265.00.
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Kyle Peterson has given his Buy rating due to a combination of factors tied to Equifax’s emerging growth drivers and strategic positioning. He sees the recent approval of VantageScore 4.0 for use by the GSEs in mortgages as a structural tailwind that could support upside to earnings forecasts if adoption accelerates, while also reinforcing Equifax’s competitive standing in core credit decisioning markets.
Beyond VantageScore, he highlights strength from The Work Number indicator in driving pre‑qualification share gains in mortgage, an expanding pipeline in government solutions, and growing free cash flow that enhances capital deployment flexibility. Taken together, these elements underpin his view of Equifax as a core information services holding and justify reiterating a Buy rating with an unchanged $265 price target.
According to TipRanks, Peterson is an analyst with an average return of -3.0% and a 39.27% success rate. Peterson covers the Financial sector, focusing on stocks such as Upstart Holdings, Figure Technology Solutions, Inc. Class A, and Axos Financial.
In another report released on April 23, UBS also maintained a Buy rating on the stock with a $220.00 price target.