Deutsche Bank Upgrades Equifax to Buy, Raises Price Target to $267
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Faiza Alwy has upgraded Equifax (NYSE:EFX) from Hold to Buy and increased the price target from $218 to $267, indicating a positive outlook on the company's stock.
December 08, 2023 | 9:38 am
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Equifax's stock rating has been upgraded by Deutsche Bank from Hold to Buy, with a significant increase in the price target from $218 to $267, suggesting a bullish stance on the stock's future performance.
Analyst upgrades typically lead to a positive short-term reaction in the stock market as they reflect a vote of confidence in the company's prospects. The substantial increase in the price target further emphasizes the analyst's bullish view, which could influence investor sentiment and drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100