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Fly News Breaks for January 20, 2017
EFX
Jan 20, 2017 | 06:56 EDT
Goldman analyst Andre Benjamin downgraded Equifax to Sell and lowered its price target to $100 from $116. The analyst does not believe Equifax's premium valuation and 2017 EBITDA consensus estimates accurately reflect slowing growth from decelerating US consumer spending and loan origination growth. Benjamin expects EBITDA to slow to 7% in 2017 from 22% in 2016 driven by slowing consumer loan origination growth.
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