Citigroup Maintains Neutral on Western Union, Raises Price Target to $12.5
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Andrew Schmidt has maintained a Neutral rating on Western Union (NYSE:WU) and raised the price target from $11.5 to $12.5.
July 24, 2023 | 2:03 pm
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Western Union's price target has been raised from $11.5 to $12.5 by Citigroup, while maintaining a Neutral rating.
The increase in price target by Citigroup indicates a positive outlook for Western Union. However, the Neutral rating suggests that the stock is fairly valued at the moment, which might not trigger a significant price movement in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100