Needham analyst Kyle Peterson has reiterated their bullish stance on EFX stock, giving a Buy rating on September 27.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Kyle Peterson has given his Buy rating due to a combination of factors surrounding Equifax’s strategic moves in the mortgage credit market. Equifax recently announced an expansion of its mortgage credit offerings, including the pricing strategy for VantageScore 4.0, which will be available at a competitive rate through the end of 2027. Additionally, Equifax plans to offer VantageScore 4.0 for free to customers purchasing credit reports that include FICO scores until the end of 2026.
These initiatives are expected to mitigate the shift by lenders to FICO’s Direct Licensing program. By offering VantageScore for free alongside FICO scores, Equifax aims to strengthen VantageScore’s position in the mortgage industry. This strategic approach is seen as a smart move that could increase VantageScore’s adoption over time, supporting the Buy rating reiterated by Kyle Peterson.
In another report released on September 27, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $282.00 price target.