UBS lowered the firm’s price target on Western Union to $13.50 from $14 and keeps a Neutral rating on the shares post the Q3 report. The company’s transactions returned to growth but adjusted revenue growth has yet to improve, the analyst tells investors in a research note.
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Read More on WU:
- Western Union narrows FY23 adjusted EPS view to $1.68-$1.75 from $1.65-$1.75
- Western Union reports Q3 adjusted EPS 43c, consensus 38c
- WU Earnings this Week: How Will it Perform?
- Western Union assumed with a Neutral at UBS
- Western Union fund distributes $40M to victims in U.S. and abroad, DOJ reports
