Bull of the Day: Equifax

by Zacks Equity Research

January 03, 2013 |
EFX

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

Equifax (EFX) delivered decent third quarter 2012 results, surpassing the Zacks Consensus Estimate on the top and bottom lines. Fourth-quarter guidance was encouraging.

We believe that Equifax is well positioned to benefit from its leadership in important markets and strength in international markets. Given its strong correlation to consumer and financial markets, as well as its U.S. exposure, improvement in results will be directly proportional to the country's economic recovery.

Moreover, stronger mortgage activities are expected to boost Equifax fundamentals. We upgrade the stock from Neutral to Outperform and set a target price of $64.00.

Email Print Share Rate Pos Rate Neg