Baird analyst Jeffrey Meuler maintains $TransUnion (TRU.US)$ with a buy rating, and adjusts the target price from $104 to $130.
According to TipRanks data, the analyst has a success rate of 61.4% and a total average return of 5.7% over the past year.
Furthermore, according to the comprehensive report, the opinions of $TransUnion (TRU.US)$'s main analysts recently are as follows:
The firm's expectations for TransUnion remain positive, following what is described as 'another solid result with guidance raise.' The anticipation of continued tailwinds is maintained as credit markets return to normal.
The analyst notes that TransUnion reported robust Q3 results, with an adjusted EPS of $1.04, surpassing both the analyst's estimate of $1.03 and the consensus of $1.01. Additionally, due to the sustained business momentum, management has increased the guidance for FY24.
The firm believes that a combination of solid structural growth, improved macroeconomic conditions, and specific company factors are poised to fuel robust multi-year expansion for TransUnion, with the valuation appearing appealing when normalized for macroeconomic and consumer credit cycles.
Note:
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