Wednesday, 27 September 2017

Predictably, Wells Fargo loves Equifax and suggests investing heavily in the company

Wells Fargo analyst William Warmington Jr has upgraded shares in Equifax to "outperform," predicting that the company will bounce back from the 30% haircut its market cap took when it was revealed that the firm committed the worst commercial data-crime in world history and then twiddled its thumbs for a couple of months before telling anyone and then allowing its CEO to resign. (more…)