B of A Securities Upgrades Equifax to Buy, Raises Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Heather Balsky upgraded Equifax (NYSE:EFX) from Underperform to Buy and increased the price target from $164 to $300, indicating a positive outlook on the company's future performance.
January 08, 2024 | 2:04 pm
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POSITIVE IMPACT
Equifax was upgraded by B of A Securities from Underperform to Buy, with a significant increase in price target from $164 to $300, suggesting strong confidence in the company's prospects.
The upgrade from Underperform to Buy by a major analyst at B of A Securities, along with a substantial raise in the price target, is a strong bullish signal for Equifax's stock. This reflects an expectation of improved performance and is likely to positively influence investor sentiment in the short term, potentially leading to an increase in the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100