Clear Street initiated coverage of TransUnion (TRU) with a Buy rating and $89 price target While the sentiment is weak on the shares, the firm estimates that the stock has already priced din meaningful revenue loss. The firm believes there are other levers to pull to drive revenue growth and margin expansion, including reduction of CapEx spend, aggressive push for VantageScore, and international expansion.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TRU:
- TransUnion’s Strategic Initiatives and Market Positioning Reinforce Buy Rating with $115 Target
- TransUnion announces breakthrough mortgage credit score pricing
- TransUnion expands partnership with RPM Living
- Experian offers free VantageScore 4.0 to lenders
- TransUnion assumed with an Outperform at Oppenheimer