Baird raised the firm’s price target on TransUnion to $87 from $80 and keeps an Outperform rating on the shares. The firm said shares remain a top pick as initial 2024 guidance implies accelerating revenue growth and margin expansion while taking a conservative posture and not assuming any macro improvement.
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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