Barclays analyst Manav Patnaik lowered the firm’s price target on TransUnion (TRU) to $85 from $105 and keeps an Equal Weight rating on the shares. With new tariffs likely to boost inflation and risk a recession, the credit bureaus, followed by rating agencies, are “most at risk of negative number revisions for the year,” the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TRU:
- TransUnion completes FedRAMP Ready assessment for TruValidate solutions
- TransUnion’s Strategic Evolution and Growth Potential: A Buy Recommendation
- TransUnion names Mohamed Abdelsadek as Chief Global Solutions Officer
- TransUnionannounced an advancement of its partnership with Truework
- TransUnion Amends Employee Stock Purchase Plan