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
|Jul 2016||JP Morgan||Maintains||Overweight|
|Jul 2016||Deutsche Bank||Maintains||Buy|
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.