Wells Fargo analyst Jason Haas lowered the firm’s price target on Equifax (EFX) to $230 from $240 and keeps an Overweight rating on the shares. The firm notes the company delivered a strong beat driven primarily by U.S. mortgage outperformance. Management maintained full-year guidance amid macro uncertainty stemming from the Iran conflict. Q2 EBITDA and EPS guidance came in slightly below Street at the midpoint, Wells adds.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EFX:
- Equifax price target raised to $205 from $191 at Clear Street
- Equifax Earnings Call: Growth, Caution And Cash
- Equifax files automatic mixed securities shelf
- Equifax: Buy Rating Reaffirmed on Outperformance, Margin Expansion, and Strength in Government and Verifier Markets
- Equifax reports Q1 adjusted EPS $1.86, consensus $1.70