William Blair analyst Andrew Nicholas has maintained their bullish stance on TRU stock, giving a Buy rating on April 17.
Andrew Nicholas has given his Buy rating due to a combination of factors including TransUnion’s strong first-quarter performance, which exceeded expectations across key financial metrics. The company’s revenue surpassed forecasts, driven by both U.S. and international markets, leading to higher adjusted EBITDA and EPS than anticipated.
Despite macroeconomic uncertainties, TransUnion maintained its guidance for the year, reflecting a cautious yet confident outlook. Nicholas appreciates the company’s prudent approach to guidance and believes that the current stock price already accounts for potential cyclical risks. The valuation remains attractive compared to historical averages, supporting the Buy recommendation.
Nicholas covers the Industrials sector, focusing on stocks such as Huron Consulting, CBIZ, and Paychex. According to TipRanks, Nicholas has an average return of -2.2% and a 47.62% success rate on recommended stocks.
In another report released on April 17, Jefferies also maintained a Buy rating on the stock with a $90.00 price target.