Western Union shares are trading lower after the company reported worse-than-expected Q2 adjusted EPS results. Also, RBC capital maintained a Sector Perform rating on the stock and lowered its price target from $16 to $14.
Portfolio Pulse from Benzinga Newsdesk
Western Union shares are trading lower after the company reported worse-than-expected Q2 adjusted EPS results. RBC Capital maintained a Sector Perform rating on the stock and lowered its price target from $16 to $14.
July 31, 2024 | 4:03 pm
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Western Union shares are trading lower due to worse-than-expected Q2 adjusted EPS results. RBC Capital maintained a Sector Perform rating and lowered its price target from $16 to $14.
The disappointing Q2 EPS results directly impact investor sentiment negatively. Additionally, RBC Capital's decision to lower the price target from $16 to $14 reinforces the negative outlook, likely leading to a short-term decline in the stock price.
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IMPORTANCE 80
RELEVANCE 100