Equifax price target lowered to $234 from $245 at BMO Capital

BMO Capital lowered the firm’s price target on Equifax (EFX) to $234 from $245 and keeps a Market Perform rating on the shares. The company has suffered given the pullback in origination volumes most visible in Mortgage, the analyst tells investors in a research note. While industry origination volumes are inflecting positively from base levels, consensus estimates are overly aggressive and detached from the management’s long-term financial framework, particularly in the out-year 2027, the firm added.