Experian Shares Retreat After Weak U.S. Consumer Services Update and Analyst Cut
Experian's stock fell after the company disclosed a contraction in its U.S. Consumer Services revenue for the quarter ended June 30 and Deutsche Bank reduced its price target. While group-level organic revenue growth of 7% stayed inside full-year guidance of 6-8%, the pullback in the consumer segment and a softer macro backdrop pressured the share …