Wells Fargo lowered the firm’s price target on TransUnion to $67 from $94 and keeps an Overweight rating on the shares. The firm notes shares were under pressure following Q3 miss/big full year cut. Whereas macro could limit near-term catalysts, Wells’ base case for better 2024 environment supports high-$3 EPS, which suggests shares are oversold/opportunity for longer-term investors.
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Read More on TRU:
- TransUnion price target lowered to $67 from $95 at Baird
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