Western Union: An Upgrade…With Reservations
July 31, 2015 at 15:02 PM EDT
Barclays analyst Darrin Peller explains why he upgraded Western Union (WU) to Equal Weight from Underweight following today’s earnings announcement–and why he still has reservations about the stock: Andrew Hinderaker for The Wall Street Journal Raising our rating to Equal Weight: On the basis of stable pricing and transaction growth trends in the C2C business, [...]