Bank of America analyst Joshua Dennerlein has elevated the price target for Equifax (EFX, Financial) to $300, an increase from the previous target of $280. The analyst maintains a Buy rating on the stock. This adjustment follows the company's first-quarter results and discussions with management, which highlighted the growing resilience of Equifax's business model.
The decision to raise the price target reflects a stronger belief in the company's future prospects and improved financial estimates. Equifax's strengthened model has contributed to this increased confidence, suggesting a positive outlook for the company's performance moving forward.
