Equifax shares are trading higher after B of A Securities upgraded the stock from Underperform to Buy and raised its price target from $164 to $300.
Portfolio Pulse from Benzinga Newsdesk
Equifax's stock (EFX) is trading higher following an upgrade from B of A Securities, which changed its rating from Underperform to Buy and increased the price target from $164 to $300.
January 08, 2024 | 8:10 pm
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Equifax Inc. shares are experiencing an uptick after B of A Securities upgraded the stock from Underperform to Buy and significantly raised the price target from $164 to $300.
The upgrade by B of A Securities is a strong positive signal to investors, suggesting a better outlook for Equifax's financial performance and stock valuation. The substantial increase in the price target reflects a significant change in the expected value of the stock, which is likely to influence investor sentiment and drive short-term price movement upwards.
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IMPORTANCE 90
RELEVANCE 100