Goldman Sachs analyst George Tong raised the firm’s price target on TransUnion to $72 from $63 and keeps a Neutral rating on the shares. The analyst cites peer group multiple appreciation for the target increase. The firm, however, believes TransUnion’s “unique” revenue mix and weakening credit conditions among subprime consumers will weigh on the company’s revenue performance over the near-term, accompanied by high decremental margins.
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