UPDATE: Evercore Partners Raises Target to $43 on Equifax
Evercore Partners reiterates its Equal-weight rating on Equifax (NYSE: EFX) and raises its price target to $43 from $40 on strong EPS for Q4 and improvement in credit demand and operating leverage.
Evercore Partners says, "Equifax posted solid 4Q11 earnings driven by strengthening credit demand, margin expansion, and easy comparisons against depressed year-ago EBIT margin and revenue growth in its flagship U.S. Consumer Information Solutions business (“USCIS”). For the first three quarters of 2012, USCIS will likely post above-trend revenue and earnings growth if the US job market continues to gain steam, driving ongoing improvement in consumer credit demand."
EFX closed at $42.41 a share on Thursday.







