RBC downgrades Equifax to Sector Perform, sets $189 target
RBC Capital cut Equifax to Sector Perform with a $189 target, citing a sharp expected drop in U.S. mortgage credit inquiries, per TradingView.
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what happened
RBC Capital downgraded Equifax to Sector Perform and set a price target of $189. The target implies upside of about 3.6% from the October 23 close of $182.36, according to TradingView.
The main concern is the mortgage market. Equifax's guidance points to a drop of more than 20% in U.S. mortgage credit inquiries in the fourth quarter of 2026. The prolonged weakness raises doubts about the company's profitability and its revenue growth targets.
The analyst also flags regulatory risk. A possible switch from a tri-merge to a bi-merge credit reporting model could reduce Equifax's revenue by roughly $80 million a year.
why it matters
Equifax is one of the largest credit bureaus, so changes in mortgage lending feed directly into its revenue. A single brokerage downgrade is a routine event, but the mortgage slowdown matters to investors in credit-related companies and data providers.
tags
instruments
sources
- RBC Capital downgrades Equifax to Sector Perform, sets price target to $189 — TradingView, 26 October 2026 at 15:57 UTC
- RBC Capital downgrades Perspective Therapeutics to Sector Perform, sets price target to $4 — TradingView, 26 October 2026 at 16:03 UTC
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