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Investing in Equifax, Inc. (EFX) Is Getting More Attractive

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Equifax, Inc.’s recent filing unveils that its CEO Begor Mark W unloaded Company’s shares for reported $13.14 million on Apr 26 ’24. In the deal valued at $225.45 per share,58,300 shares were sold. As a result of this transaction, Begor Mark W now holds 109,220 shares worth roughly $24.8 million.

Then, Ploder Rodolfo O sold 14,097 shares, generating $3,178,115 in total proceeds. Upon selling the shares at $225.45, the EVP, Pres Workforce Solutions now owns 75,964 shares.

Before that, Begor Mark W sold 58,300 shares. Equifax, Inc. shares valued at $15,596,195 were divested by the CEO at a price of $267.52 per share. As a result of the transaction, Begor Mark W now holds 108,912 shares, worth roughly $24.73 million.

Evercore ISI upgraded its Equifax, Inc. [EFX] rating to an Outperform from a an In-line in a research note published on February 13, 2024; the price target was increased to $310 from $210. A number of analysts have revised their coverage, including Redburn Atlantic’s analysts, who decreased its forecast for the stock in mid January from “a Buy” to “a Neutral”. BofA Securities also remained covering EFX and has increased its forecast on January 08, 2024 with a “Buy” recommendation from previously “an Underperform” rating. Needham maintained its rating on January 04, 2024. It rated EFX as “a Buy”.

Price Performance Review of EFX

On Friday, Equifax, Inc. [NYSE:EFX] saw its stock jump 1.14% to $227.05. Over the last five days, the stock has gained 1.62%. Equifax, Inc. shares have fallen nearly -8.18% since the year began. Nevertheless, the stocks have risen 13.52% over the past one year. While a 52-week high of $275.10 was reached on 02/29/24, a 52-week low of $159.95 was recorded on 04/18/24. SMA at 50 days reached $250.95, while 200 days put it at $221.58. A total of 0.72 million shares were traded, compared to the trading of 0.54 million shares in the previous session.

Levels Of Support And Resistance For EFX Stock

The 24-hour chart illustrates a support level at 224.43, which if violated will result in even more drops to 221.82. On the upside, there is a resistance level at 231.72. A further resistance level may holdings at 236.39. The Relative Strength Index (RSI) on the 14-day chart is 40.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 53.01%. Stochastics %K at 32.62% indicates the stock is a holding.

The most recent change occurred on December 19, 2023 when Oppenheimer began covering the stock and recommended ‘”an Outperform”‘ rating along with a $273 price target.

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