Equifax Inc.

🇺🇸New York Stock Exchange
Back to all articles
Equifax Inc. stock analysis EFX overview
Somewhat Bullish +50

Wells Fargo Keeps Their Buy Rating on Equifax (EFX)

📈 Wells Fargo analyst Jason Haas maintained a Buy rating on Equifax (EFX) with a price target of $230.00.

💰 Equifax reported quarterly revenue of $1.65 billion and net profit of $171.5 million for the quarter ending March 31.

📊 Revenue increased from $1.44 billion last year, while net profit rose from $133.1 million in the prior period.

⭐ Analyst Jason Haas holds a 4-star rating with an average return of 7.7% and a 50.00% success rate according to TipRanks.

🤝 Needham's Kyle Peterson also issued a Buy rating on Equifax in a report dated May 20.

⚖️ Goldman Sachs maintained a Hold rating on Equifax as of May 26, contrasting with the recent Buy recommendations.

📉 Bank of America previously lowered its price target for Equifax to $225 from $250.

🔍 The article notes that Wells Fargo's recommendation is based on Equifax's latest earnings release performance.

⚠️ Readers are advised that the content includes third-party press releases and has not been reviewed by The Globe and Mail.

Bullish Signals
  • Wells Fargo analyst Jason Haas CFA maintained a Buy rating on Equifax (EFX) with a price target of $230.00.
  • Equifax reported quarterly revenue of $1.65 billion, representing growth from last year's $1.44 billion.
  • The company achieved a net profit of $171.5 million, up from $133.1 million in the prior year period.
  • Needham analyst Kyle Peterson also issued a Buy rating on Equifax in a report dated May 20.
Risk Factors
  • Goldman Sachs maintained a Hold rating on Equifax (EFX) as of May 26, indicating some analysts are not bullish on the stock.
  • Bank of America lowered its price target for Equifax from $250 to $225, suggesting a reduction in valuation expectations.
Full Analysis
Wells Fargo analyst Jason Haas CFA maintained a Buy rating on Equifax (EFX) with a price target of $230.00, based on the company's latest earnings release for the quarter ending March 31. Equifax reported quarterly revenue of $1.65 billion and net profit of $171.5 million, compared to last year's revenue of $1.44 billion and net profit of $133.1 million. The article notes that Needham analyst Kyle Peterson also issued a Buy rating on Equifax on May 20, while Goldman Sachs maintained a Hold rating as of May 26. The content includes additional context about other market-moving events such as Trump appointing Pulte as Acting Director of National Intelligence and Equifax expanding its partnership with GBG into the U.S., though these are secondary to the primary focus on Equifax's analyst ratings and financial performance.