TransUnion price target raised to $122 from $118 at Oppenheimer

Oppenheimer raised the firm’s price target on TransUnion (TRU) to $122 from $118 and keeps an Outperform rating on the shares. The firm notes the company reported strong Q3 results, with adjusted EPS of $1.04, better than its estimate of $1.03 and consensus’ $1.01. On top of the beat, management raised FY24 guidance because of ongoing business momentum, Oppenheimer adds.