Equifax has reported a strong fourth-quarter performance with revenues hitting $1.551 billion, reflecting a 9% year-over-year increase. However, the company's stock has declined by 3%, amidst rising U.S. consumer debt projected to reach $18.20 trillion by the end of 2025. Despite this, confidence in the company remains evident as Bank of America reinstates a 'Buy' rating. Additionally, Equifax is expanding its offerings with the new AI-powered credit score planner, 'Optimal Path', to enhance consumer support amidst its ongoing shift to a comprehensive data utility.
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