Monness Crespi lowered the firm’s price target on Western Union (WU) to $7 from $7.50 and keeps a Sell rating on the shares. The firm cut estimates after the company’s Q2 revenue came in below consensus with weakness in North America.
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- Western Union’s Earnings Call: Growth Amid Challenges
- Western Union price target lowered to $8.50 from $10.50 at UBS
- Western Union price target lowered to $7 from $9 at Morgan Stanley
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- Western Union price target lowered to $9 from $13 at RBC Capital