BofA Securities Upgrades Equifax and TransUnion Ratings

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BofA Securities has upgraded its ratings for Equifax (EFX) and TransUnion (TRU), citing a positive outlook for the business and information services sector, with expectations of significant revenue, EPS, and free cash flow growth in 2026. Both companies meet the criteria for robust information services firms, possessing proprietary data and high switching costs, with Equifax’s EWS segment poised for substantial growth. Following the upgrades, both EFX and TRU shares saw positive movement in pre-market trading, reflecting strong investor confidence.

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