BofA Securities Downgrades Equifax (EFX) to Neutral

BofA Securities analyst Joshua Dennerlein downgraded Equifax (NYSE: EFX) from Buy to Neutral with a price target of $285.00 (from $300.00).

The analyst comments "We downgrade EFX to Neutral from Buy and lower our PO to $285 from $300. We reduce our 2025/26 adj. EPS estimates to $7.58/8.91 from $7.63/9.22. Key takes from EFX's investor day: (1) EFX's transformation to a cloud native platform is not a long-term competitive moat; (2) product innovation using their unique data assets will drive growth back to their unrevised long-term growth outlook; (3) the real kicker to growth is a mortgage market recovery."

For an analyst ratings summary and ratings history on Equifax click here. For more ratings news on Equifax click here.

Shares of Equifax closed at $255.70 yesterday.

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