Goldman Sachs Starts MoneyGram International (MGI) at Neutral
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Price: $10.99 --0%
Rating Summary:
2 Buy, 13 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
2 Buy, 13 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Goldman Sachs initiates coverage on MoneyGram International (NYSE: MGI) with a Neutral rating and $21 price target.
The firm said while they are constructive on MGI's positioning in the global remittance market and potential for EPS upside, near term they believe that the company's exposure to Europe and upcoming Wal-Mart contract renewal will limit multiple expansion.
For an analyst ratings summary and ratings history on MoneyGram International click here. For more ratings news on MoneyGram International click here.
Shares of MoneyGram International closed at $17.14 yesterday.
The firm said while they are constructive on MGI's positioning in the global remittance market and potential for EPS upside, near term they believe that the company's exposure to Europe and upcoming Wal-Mart contract renewal will limit multiple expansion.
For an analyst ratings summary and ratings history on MoneyGram International click here. For more ratings news on MoneyGram International click here.
Shares of MoneyGram International closed at $17.14 yesterday.
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