UPDATE: Goldman Sachs Assumes Coverage on Equifax with Buy Rating, $70 PT on Positive Growth Forecast

In a report published Friday, Goldman Sachs analyst Andre Benjamin assumed coverage on

with a Buy rating and $70.00 price target. In the report, Goldman Sachs noted, “We assume coverage of EFX with a Buy rating and 15% total return to a $70, 12-month, EV/EBITDA-based target price. EFX plots favorably on our screen of value vs. growth, with an above average 12% 2013E-2015E EBITDA CAGR. We forecast EFX can grow its dividend by 18% and reduce its share count by 1% per year 2013E-2015E while reducing net debt/EBITDA by one turn to 0.9X by 4Q 2015.” Equifax closed on Thursday at $61.57.