TransUnion price target raised to $106 from $85 at RBC Capital

RBC Capital raised the firm’s price target on TransUnion to $106 from $85 and keeps an Outperform rating on the shares after its Q2 earnings beat and guidance raise. The company delivered solid revenue growth despite the weakness in consumer lending, and the stock’s “inexpensive valuation” relatiave to peers bodes well for a re-rating higher, the analyst tells investors in a research note.