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Fly News Breaks for December 11, 2018
EFX
Dec 11, 2018 | 08:58 EDT
SunTrust analyst Andrew Jeffrey lowered his price target on Equifax to $115 to reflect the softer sentiment at its competitor's conference last month, saying the company's outlook in early 2019 will likely reset the Street's "aggressive" expectations. The analyst keeps his Buy rating on Equifax however and believes that its long-term model is intact. Jeffrey adds that the company's "valuation discount provides downside protection even in a decelerating US economy."
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