UPDATE: Deutsche Bank Reiterates Hold Rating, Raises PT on Equifax
In a report published Friday, Deutsche Bank reiterated its Hold rating on Equifax (NYSE: EFX), and raised its price target from $48.00 to $54.00.
Deutsche Bank noted, “Post the acquisition of CSC's credit business we are raising our PT and '13E. EPS estimates. Our 4Q EPS (excluding amortization) goes from $0.75 to $0.74 (previous Street at $0.75) while 1Q EPS goes from $0.75 to $0.89 (previous Street at $0.80) and our '13E EPS goes from $3.12 to $3.62 (previous Street at $3.37). Although we are raising our PT from $48 to $54, we maintain our Hold due to EFX's full valuation.”
Equifax closed on Thursday at $54.20.
Latest Ratings for EFX
|May 2016||Jefferies||Initiates Coverage on||Hold|
|Apr 2016||William Blair||Initiates Coverage on||Outperform|
|Mar 2016||Cowen & Company||Initiates Coverage on||Outperform|
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