Wolfe Research Downgrades Western Union to Underperform
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research analyst Darrin Peller has downgraded Western Union (NYSE:WU) from Peer Perform to Underperform, indicating a negative outlook on the company's stock.
January 04, 2024 | 1:19 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Western Union has been downgraded by Wolfe Research from Peer Perform to Underperform, suggesting that the analyst sees potential underperformance in the stock relative to its peers.
Analyst downgrades typically lead to a negative perception among investors and can result in a short-term decline in the stock price. Given that this is a direct downgrade from an analyst at Wolfe Research, it is likely to have a significant impact on investor sentiment and the stock's performance in the near term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100