BofA analyst Heather Balsky upgraded TransUnion to Buy from Neutral with a $92 price target. The firm cites TransUnion’s inexpensive valuation, persistent stability in consumer lending and room for upside in Emerging Verticals for the upgrade, and tells investors in a research note that TransUnion also has greater exigency to meet or beat after a volatile 2023. BofA thinks TransUnion is poised for EPS beats on cautious guidance for its EV and Mortgage segments.
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