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Fly News Breaks for March 5, 2018
EFX
Mar 5, 2018 | 08:48 EDT
RBC Capital analyst Gary Bisbee lowered his price target on Equifax to $121 and kept his Sector Perform rating after the company's Q4 results. Bisbee notes that while Equifax beat on earnings amid some improvement in sentiment from the fallout of its security breach, its outlook suggests that rising costs and investments will weigh on margins in FY18, leading to below-consensus earnings guidance for the year. Bisbee expects the uncertainty around the long-term growth trajectory at Equifax to linger.
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