Equifax price target lowered to $265 from $295 at Needham

Needham lowered the firm’s price target on Equifax (EFX) to $265 from $295 and keeps a Buy rating on the shares. The company reported Q4 results that beat the Street on the top and bottom line, driven by better-than-expected results in US mortgage, government solutions, and new product adoption, the analyst tells investors in a research note. The recent sector sell-off in info services has caused the valuation to compress, though the firm remains confident in the long-term outlook and continues to recommend the shares, Needham added.