In a report released today, Kyle Peterson from Needham upgraded TransUnion to a Buy, with a price target of $115.00.
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Kyle Peterson has given his Buy rating due to a combination of factors that suggest a positive outlook for TransUnion. He anticipates a strong performance in the latter half of 2025 and beyond, driven by significant progress with FinTech clients, a favorable market situation in India, and a potential recovery in mortgage inquiries as interest rates seem to be stabilizing.
Furthermore, Peterson notes that the recent decline in TransUnion’s stock price, which has underperformed compared to the S&P 500, has resulted in a more appealing valuation. The stock is currently trading at a price-to-earnings ratio that is lower than its closest competitors, making it an attractive investment. He believes that the valuation discount, along with a likely upward revision in market estimates, presents a favorable risk-reward scenario, justifying the Buy rating with a target price of $115 based on a future price-to-earnings ratio of 25x.
In another report released on August 27, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $99.00 price target.