Wells Fargo lowered the firm’s price target on TransUnion to $117 from $130 and keeps an Overweight rating on the shares. Given increased macro uncertainty and a spike in rates, the firm is lowering its 2025-2027 estimates below consensus and more in-line with buyside expectations. Wells sees an especially attractive entry point in both TransUnion (TRU) and Equifax (EFX) as multiples have compressed.
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