tiprankstipranks

Western Union price target lowered to $11 from $12 at BMO Capital

BMO Capital lowered the firm’s price target on Western Union (WU) to $11 from $12 and keeps a Market Perform rating on the shares after its in-line Q1 results. The stock remains a show-me story, and BMO believes investors should wait for more evidence of durable revenue growth, the analyst tells investors in a research note.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue