TransUnion downgraded to Equal Weight from Overweight at Barclays

Barclays analyst Manav Patnaik downgraded TransUnion to Equal Weight from Overweight with a price target of $65, down from $70. The analyst is waiting for more clarity on the outlook for U.S. business and information services stocks heading into 2023. He recommends reducing exposure and awaiting guidance from managements. Patnaik is looking for companies that guide conservatively.