Citi Maintains Buy Rating for Equifax with $290 Price Target

Citi analyst Arthur Truslove maintained a Buy rating on Equifax with a $290 price target, citing the company's strong Q2 earnings. Equifax reported a quarterly revenue of $1.54 billion and a net profit of $191.3 million, surpassing last year's revenue of $1.43 billion and net profit of $163.9 million. The analyst consensus on Equifax is a Strong Buy with an average price target of $285.57, implying a 17.40% upside from current levels.

Title: Equifax's Strong Q2 Earnings Boost Stock Prices

Equifax (NYSE: EFX) reported robust financial results for the second quarter of 2025, with analysts lauding the company's performance. The company's revenue for the quarter reached $1.54 billion, marking an 8% increase from the same period last year. Net profit soared to $191.3 million, up by 17% compared to the previous year.

The company's quarterly earnings report highlighted several key achievements. Equifax's Non-mortgage revenue growth is projected to reach 7% in 2024, and its Workforce Solutions Non-mortgage revenue growth is expected to increase by 8% in the same year. The company also maintained a consistent dividend payment of $193.2 million to shareholders [1].

Analyst Arthur Truslove of Citi maintained a "Buy" rating on Equifax, with a price target of $290. He praised the company's strong Q2 earnings and noted the analyst consensus on Equifax is a "Strong Buy" with an average price target of $285.57, suggesting a 17.40% upside from current levels [2].

Equifax's financial performance was bolstered by its diverse revenue streams and strategic focus on data analytics and technology. The company's unique blend of data analytics and cloud technology continues to drive insights that power critical decisions for financial institutions, businesses, and government agencies.

Overall, Equifax's strong Q2 earnings report signals a positive trajectory for the company, with analysts optimistic about its future growth prospects.

References

[1] https://investor.equifax.com/
[2] https://www.autofinancenews.net/allposts/earnings/podcast-carvanas-sales-surge-in-q2-ford-credit-retailers-results-mixed/