Barclays analyst Manav Patnaik raised the firm’s price target on TransUnion (TRU) to $95 from $85 and keeps an Equal Weight rating on the shares. The bar will “move higher after a few solid quarters in a row” following Q2 results and “a raised, but still conservative,” guidance, the analyst tells investors. However, signs of product momentum “could drive more bullishness,” the analyst added.
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