tiprankstipranks
TransUnion price target lowered to $66 from $74 at Truist
The Fly

TransUnion price target lowered to $66 from $74 at Truist

Truist analyst Andrew Jeffrey lowered the firm’s price target on TransUnion (TRU) to $66 from $74 and keeps a Hold rating on the shares as part of a broader research note on FinTech and Info Services. The failures of three regional banks ranges from muted to material, and while the concern about tech demand in the industry and the macro knock-on risk is reasonable, some names have overreacted, the analyst tells investors in a research note. The firm adds that it continues to favor Equifax (EFX) over TransUnion as the company has less credit reporting exposure owing to its fast-growing EWS segment, which is increasingly diversified.

Published first on TheFly

See the top stocks recommended by analysts >>

Read More on TRU:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles