Oppenheimer assumed coverage of Equifax (EFX) with an Outperform rating and a price target of $271, down from $279 as the analyst assumed coverage of the credit services group. The firm’s analysis suggests that recent stock moves following FICO’s Mortgage Direct License Program launch reflect anticipated headwinds for Equifax (EFX) and TransUnion (TRU) along with revenue upside for FICO. For Equifax, the firm is reducing FY26 adjusted EPS by 4% and FY27 by 5%.
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Read More on EFX:
- Equifax’s Strategic Pricing and Market Positioning Justifies Buy Rating
- Equifax’s Strategic Expansion in Mortgage Credit Market Bolsters Buy Rating
- Equifax cuts mortgage credit scores price by 50% in response to FICO
- FICO falls 1% to $1,852 after Equifax halves mortgage score price
- Equifax price target lowered to $250 from $285 at BofA