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UPDATE: D.A. Davidson Upgrades The Western Union Company to Neutral, Lowers PT

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In a report published Monday, D.A. Davidson & Co. upgraded its rating on The Western Union Company (NYSE: WU) from Underperform to Neutral, but lowered its price target from $15.00 to $13.00.

D.A. Davidson noted, “We don't expect WU shares to appreciate much over the near term, however, at current prices, downside risk appears minimal. Further, a ~4% dividend yield provides patient investors with compensation. Consequently, we are raising our rating from Underperform to NEUTRAL.”

The Western Union Company closed on Friday at $12.35.

Latest Ratings for WU

DateFirmActionFromTo
Apr 2016Compass PointInitiates Coverage onNeutral
Mar 2016SunTrust Robinson HumphreyUpgradesReduceNeutral
Feb 2016Northland SecuritiesInitiates Coverage onMarket Perform

View More Analyst Ratings for WU
View the Latest Analyst Ratings

Posted-In: D.A. Davidson & Co.Analyst Color Upgrades Analyst Ratings

 

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