TransUnion price target raised to $74 from $62 at Truist

Truist analyst Andrew Jeffrey raised the firm’s price target on TransUnion to $74 from $62 but keeps a Hold rating on the shares as part of a broader research note on Analytics and Information Services. The analyst is positive on the company’s core UIS and Emerging Verticals segments, especially its FinTech first-mover advantage, strong insurance and multifamily offerings. The firm adds however that it is less positive on TransUnion’s recently acquired Neustar, warning that it may be less competitively differentiated and more cyclical than management appreciated.