TransUnion price target raised to $97 from $90 at Oppenheimer

Oppenheimer raised the firm’s price target on TransUnion to $97 from $90 and keeps an Outperform rating on the shares. In addition to a Q2 beat, management raised guidance because of recent breach remediation wins, the analyst tells investors in a research note. Incremental opportunity could come from new OneTru fraud offerings and a rate cut, the firm says, adding that its thesis on TransUnion is reinforced.