Stifel raised the firm’s price target on TransUnion to $83 from $76 and keeps a Buy rating on the shares. The firm’s “key takeaway” from TransUnion’s earnings call is that the end-markets seem to be bottoming and the firm views 2024 guidance as “conservative” since it assumes no improvement in the current soft consumer credit environment through 2024 despite the potential for rate cuts.
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Read More on TRU:
- TransUnion Refinances Debt with $1.895 Billion Loan Agreement
- TransUnion revises previously issued financial statements
- TransUnion Announces Fourth Quarter and Full-Year 2023 Results
- TransUnion sees FY24 adjusted EPS $3.57-$3.74, consensus $3.65
- TransUnion sees Q1 adjusted EPS 79c-81c, consensus 83c
