TransUnion price target raised to $130 from $119 at Morgan Stanley

Morgan Stanley raised the firm’s price target on TransUnion (TRU) to $130 from $119 and keeps an Overweight rating on the shares. With potential for improving consumer credit and rebounding capital markets in 2025, the firm says it prefers Business and Education Services stocks where it expects accelerating growth not yet reflected in valuation. The firm is recommending both Equifax (EFX) and TransUnion as it expects the Credit Bureaus to double EPS over the next three years in a period of more favorable conditions, the analyst added.