UPDATE: Western Union Co. (WU) PT Raised to $32 at Northland Capital Markets

March 29, 2021 8:16 AM EDT
Get Alerts WU Hot Sheet
Price: $25.97 -0.69%

Rating Summary:
    7 Buy, 20 Hold, 8 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 7 | Down: 16 | New: 68
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(Updated - March 29, 2021 8:16 AM EDT)

Northland Capital Markets analyst Kartik Mehta raised the price target on Western Union Co. (NYSE: WU) to $32.00 (from $28.00) while maintaining a Outperform rating.

The analyst comments "WU is still under appreciated and we believe deserves more attention. Digital/online growth is robust, retail is recovering, margins are improving slightly, pricing seems rational/strategic, cross selling to be piloted, stimulus will help, migration is picking up, buyback resuming, dividend yield is 4% and yet WU remains out of favor with 3 buys out of 22 analysts.......we think estimates are conservative and WU is becoming a beat and raise story."

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