Information Provided By:
Fly News Breaks for February 19, 2020
TRU
Feb 19, 2020 | 09:37 EDT
SunTrust analyst Andrew Jeffrey raised his price target on TransUnion to $115 and kept his Buy rating after its Q4 earnings beat and above-consensus FY20 guidance. The analyst is positive on the company reinvesting the gains from its strong organic revenue growth into its tech platform, and he expects its "cloud-centric innovation" to allow TransUnion to keep pace with its peers. Jeffrey adds that the expansion of Trended Data, Fraud and ID leadership will support the company's high-single digit U.S. organic revenue growth.
News For TRU From the Last 2 Days
TRU
Apr 17, 2024 | 09:07 EDT
GrowthLoop announced a new partnership with TransUnion. This partnership pairs GrowthLoop's best-in-class unified audience layer with TransUnion's TruAudience Marketing Solutions, which provides high-quality data on more than 98 percent of consumers across the country. Together, they help solve a significant pain point for marketers: overspending on ad campaigns that often fail to reach their target audience. The disparities between a company's first-party data collected from its owned channels and the data from third-party advertising platforms like Facebook and Google Ads have led to match rates hovering at a mere 20-40%. This number will only continue to decline as Google phases out third-party cookie support in Chrome. Low match rates mean digital advertising campaigns reach the wrong audience, or worse, create a poor user experience for individuals who should be excluded from campaigns, such as recent purchasers. Through this partnership with TransUnion, new and existing GrowthLoop customers will have the option to toggle on Enhanced Match Rate within the platform. This enables greater reach and better engagement for GrowthLoop's enterprise customers in industries including financial services, healthcare, technology, telecommunications, sports, entertainment, retail, consumer packaged goods, and more.