UPDATE: Evercore Partners Raises Target to $43 on Equifax

Loading...
Loading...
Evercore Partners reiterates its Equal-weight rating on Equifax
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.
Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Analyst ColorPrice TargetReiterationIntraday UpdateAnalyst RatingsEvercore Partners
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...