Wells Fargo has decided to maintain its Equal-Weight rating of Equifax EFX and raise its price target from $165.00 to $210.00.
Shares of Equifax are trading up 0.28% over the last 24 hours, at $216.81 per share.
A move to $210.00 would account for a 3.14% decline from the current share price.
Along with Experian and TransUnion, Equifax is one of the leading credit bureaus in the United States. Equifax's credit reports provide credit histories on millions of consumers, and the firm's services are critical to lenders' credit decisions. In addition, about a third of the firm's revenue comes from workforce solutions, which provides income verification and employer human resources services. Equifax generates over 20% of its revenue from outside the United States.
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