Needham analyst Kyle Peterson has reiterated their bullish stance on EFX stock, giving a Buy rating on September 27.
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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.