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TransUnion price target lowered to $120 from $127 at Morgan Stanley

Morgan Stanley lowered the firm’s price target on TransUnion (TRU) to $120 from $127 and keeps an Overweight rating on the shares. The firm says “strong” Q1 result and reiterated guidance are “good enough” and contends that Q2 and FY25 guidance seem “conservative.” If the environment holds, TransUnion should be set up to beat in coming quarters, the analyst added.

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