Toni Kaplan, an analyst from Morgan Stanley, maintained the Buy rating on Equifax (EFX – Research Report). The associated price target remains the same with $305.00.
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Toni Kaplan has given his Buy rating due to a combination of factors that highlight Equifax’s potential for long-term growth. Despite the lack of immediate upside in the company’s long-term financial framework, Kaplan sees significant earnings per share (EPS) growth potential. Equifax’s focus on cloud transformation, product innovation, and leveraging differentiated data are key strategic areas that Kaplan believes will drive future success.
Moreover, the company’s commitment to maintaining its long-term financial targets, including organic revenue growth and margin expansion, supports the Buy rating. Although the targets were not raised as some investors anticipated, the introduction of a $3 billion buyback program is seen as a positive move that could enhance EPS growth. Kaplan’s analysis suggests that Equifax’s strategic initiatives and financial discipline position it well for attractive valuation and growth prospects.
According to TipRanks, Kaplan is a 3-star analyst with an average return of 2.0% and a 54.81% success rate. Kaplan covers the Industrials sector, focusing on stocks such as Equifax, ARAMARK Holdings, and Republic Services.