Equifax Stock Plummets to 483rd in Market Activity as Bank of America Downgrades Rating

Generated by AI AgentAinvest Volume Radar
Monday, Jun 23, 2025 9:14 pm ET1min read

On June 23, 2025,

(EFX) experienced a significant decline, with its trading volume dropping by 58.98% to 2.09 billion, placing it at the 483rd position in the day's market activity. The stock price fell by 0.24%.

Bank of America Securities has downgraded Equifax from a "buy" rating to a "neutral" rating, citing concerns over the company's long-term growth prospects. The downgrade comes amidst challenges such as delays in cloud migration and a sluggish recovery in the mortgage market. The new price target for Equifax has been set at $285.00, down from the previous target of $300.00.

Analysts have expressed disappointment with Equifax's performance, particularly in areas such as cloud migration and mortgage market recovery. These factors have contributed to the decision to lower the stock rating and price target. The downgrade reflects a broader sentiment among analysts regarding the company's current challenges and future outlook.

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