BancBoston Robertson Stephens Reiterates Buy Rating on EFX
SAN FRANCISCO, June 2 /PRNewswire/ -- The following is being issued by BancBoston Robertson Stephens, a member of the National Association of Securities Dealers, CRD number 41271:
BancBoston Robertson Stephens senior information and business services analyst Andrew W. Jeffrey today reiterated his Buy rating on Equifax, Inc. (NYSE: EFX - news). Equifax, headquartered in Atlanta, Ga., is a leading global provider of information management, transaction processing and knowledge-based services to facilitate consumer and business-initiated financial transactions.
''We are reiterating our Buy rating on Equifax. We remain enamored of the company's market-leading consumer credit franchise, as well as its emerging electronic commerce and targeted marketing initiatives,'' said Jeffrey. ''Further, we argue that the company's high-single-digit growth will be supported by its ongoing efforts to add value to data and support the credit decision process in a more robust fashion. If successful, Equifax should prove a tough competitor because the company owns the data most other targeted marketers must purchase at a premium.''
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BancBoston Robertson Stephens is a leading international investment banking firm focused on growth companies. The firm's 55 equity and high yield research analysts cover more than 600 companies. Additional information is available upon request. |