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Fly News Breaks for November 14, 2016
EFX
Nov 14, 2016 | 08:01 EDT
RBC Capital analyst Gary Bisbee, noting that Equifax stock has dropped 10% in the last three trading days, blames the declines on worries about higher interest rates and the repeal of the ACA However, he says that a repeal of the ACA would probably lower the company's revenue by "less than 2%-2.5%," while higher interest rates would only prevent estimates for the company from rising in 2017. He recommends buying the stock on weakness.
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