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Investing.com - Barclays (LON:BARC) has raised its price target on TransUnion (NYSE:TRU) to $95.00 from $85.00 while maintaining an Equalweight rating on the credit reporting company’s stock. The company, currently trading at $98.43 with a market capitalization of $18.45 billion, has seen its stock surge 27.4% over the past year.
The price target increase follows TransUnion’s second-quarter results and the company’s upward revision of its financial guidance for the year.
Barclays noted that while TransUnion raised its guidance, the new outlook remains conservative, positioning the company well for the remainder of the year.
The firm observed that expectations for TransUnion will likely increase after the company has delivered several solid quarters in succession.
Barclays indicated that evidence of product momentum could drive more positive sentiment toward TransUnion’s stock in the future.
In other recent news, TransUnion has reported its Q2 2025 financial results, exceeding market expectations. The company achieved an adjusted earnings per share (EPS) of $1.08, surpassing the forecasted $0.99, and reported revenue of $1.14 billion, which was higher than the anticipated $1.1 billion. This performance has been described as a "solid beat" by analysts at Morgan Stanley (NYSE:MS). Following these results, Morgan Stanley raised its price target for TransUnion to $122 from $120, maintaining an Overweight rating on the stock. The financial outcomes have positively influenced investor sentiment, as reflected in the stock’s pre-market activity. These developments highlight TransUnion’s robust financial health and strategic execution. The company’s guidance raise further underscores its strong market position.
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