Bank of America has reinstated coverage of Equifax (EFX) with a Buy rating and a $250 price target, citing optimistic projections for the Information and Business Services sector. Equifax, a major credit bureau, shows solid financial health despite some declining margins, and currently trades near 3-year P/E and 5-year P/S/P/B lows. High institutional ownership contrasts with recent insider selling, while strong financial scores (Altman Z, Piotroski F) suggest robust financial strength.
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Equifax (EFX) Reinstated with Buy Rating and $250 Target by BofA
Bank of America has reinstated coverage of Equifax (EFX) with a Buy rating and a $250 price target, citing optimistic projections for the Information and Business Services sector. Equifax, a major credit bureau, shows solid financial health despite some declining margins, and currently trades near 3-year P/E and 5-year P/S/P/B lows. High institutional ownership contrasts with recent insider selling, while strong financial scores (Altman Z, Piotroski F) suggest robust financial strength.