5 Stocks Gaining Value on Analysts’ Upgrades

In this article, we discuss the 5 stocks gaining value on analysts’ upgrades. If you want to see more such stocks on the list, go directly to 10 Stocks Gaining Value on Analysts’ Upgrades.

5. TransUnion (NYSE:TRU)

Number of Hedge Fund Holders: 34

TransUnion (NYSE:TRU) shares advanced nearly three percent on Friday, January 13, after Wells Fargo analyst Seth Weber improved his ratings for the consumer credit reporting agency from “Equal-Weight” to “Overweight.”

Weber thinks the stock currently offers an attractive entry point considering its significant underperformance in recent months. He also lifted his price target for TransUnion (NYSE:TRU) from $70 per share to $88 per share.

Separately, equity investment management firm TimesSquare Capital also briefly discussed TransUnion (NYSE:TRU) in its third-quarter 2022 investor letter. Here’s what the firm said:

“TransUnion (NYSE:TRU) is a credit bureau providing risk and information services. Share price weakness of -25% stems from weaker-than-expected results and a reduction in forward guidance; some of which is attributable to lower mortgage volumes. We have been reducing this position for most of 2022, and plan to exit completely.”