Needham Maintains Buy on Equifax, Lowers Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Kyle Peterson has maintained a 'Buy' rating on Equifax (NYSE:EFX) but lowered the price target from $250 to $230.
October 19, 2023 | 4:24 pm
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Equifax's price target has been lowered from $250 to $230 by Needham, though the 'Buy' rating is maintained.
The lowering of the price target by Needham could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential upside, which could counterbalance the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100