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, including Equifax’s first-quarter performance exceeding consensus expectations on both revenue and earnings, driven largely by resilient U.S. mortgage activity and healthy international results. He also views the company’s $260 million share repurchase as a disciplined capital allocation decision that takes advantage of recent volatility in information services valuations.
At the same time, Peterson acknowledges that management’s decision to keep its fiscal 2026 constant-currency outlook unchanged reflects prudence amid geopolitical tensions in the Middle East and related pressure on mortgage rates, which adds macroeconomic uncertainty. In his assessment, maintaining a cautious forecast is reasonable given the backdrop, and the combination of operational outperformance, shareholder-friendly buybacks, and a still-constructive long-term outlook supports his reaffirmed Buy rating and $265 price target.
Peterson covers the Financial sector, focusing on stocks such as Figure Technology Solutions, Inc. Class A, Upstart Holdings, and Axos Financial. According to TipRanks, Peterson has an average return of -2.2% and a 41.87% success rate on recommended stocks.
In another report released today, Wells Fargo also maintained a Buy rating on the stock with a $230.00 price target.