Buy the dip in Equifax - Evercore

|About: Equifax Inc. (EFX)|By:, SA News Editor

Buy Equifax (NYSE:EFX) "aggressively," says analyst David Togut. Yes, there's current headline risk, but there's been no material development that would hurt the long-term earnings power of the company.

Equifax executives, he says, didn't know about the data breach when they sold stock.

The company's insurance coverage is likely "substantial," as Equifax has been increasing cybersecurity insurance for more than five years.

Source: Joshua Fineman at Bloomberg's

Previously: Equifax down another 8% today (Sept. 11)