TransUnion price target raised to $98 from $89 at Clear Street

Clear Street raised the firm’s price target on TransUnion (TRU) to $98 from $89 and keeps a Buy rating on the shares. The company reported a solid Q3 earnings beat that was driven by higher revenue than expected in Financial Services and Emerging Verticals, the analyst tells investors in a research note. The firm adds that it sees rising free cash flow conversion, increasing capital returns, and healthy credit pull as tailwinds for TransUnion.