From Alphastreet - Earnings Decoded. Market Intelligence Delivered · AlphaStreet Newsdesk · · 40s
TransUnion Shares Drop 6.3% After Wall Street Downgrades
TransUnion shares fall 6.3% as Goldman Sachs and UBS slash price targets.
In brief
TransUnion shares fall 6.3% as Goldman Sachs and UBS slash price targets. TransUnion shares dropped 6.3% to $62.03 after Goldman Sachs and UBS lowered price targets by 8.2% on average. Originally reported by Alphastreet - Earnings Decoded. Market Intelligence Delivered.
Shares Tumble
TransUnion shares dropped 6.3% to $62.03 Tuesday.
Wall Street Downgrades
Goldman Sachs cut target to $77 from $89, UBS to $80 from $82.
Price Target Drop
Average price target reduced 8.2% to $78 from $82.
Trading Volume
663,571 shares traded as sell-off accelerated.
Market Impact
Market cap fell to $11.9 billion, signaling caution.
What to Watch
Monitor additional analyst downgrades and company commentary.
What matters most
TransUnion shares dropped 6.3% to $62.03 after Goldman Sachs and UBS lowered price targets by 8.2% on average.
