Equifax Price Target Trimmed as Stock Multiple Adjusted to Downside
Barclays analysts recently made a notable change in their outlook for Equifax (NYSE: EFX), downgrading the stock from Overweight to Equal Weight. Equifax’s stock price shed 9.37% on Friday, as markets were gripped by tariff talks,.
The price target has been significantly reduced from $325 to $260. This adjustment underscores Barclays’ concerns about various market risks affecting Equifax, and coming on broader market declines only serve to accentuate the sentiment.
Equifax, which is currently trading at a high valuation level with a Price-to-Earnings (P/E) ratio of 43x, has experienced an 16.3% decline in its stock value year-to-date. The company’s beta of 1.65 indicates it is subject to higher volatility compared to the overall…
