Goldman Sachs Initiates Moneygram International With Neutral

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Goldman Sachs initiated coverage on
Moneygram International IncMGI
with a Neutral rating. The target price for Moneygram International is set to $11. Moneygram International shares have dropped 26.25 percent over the past 52 weeks, while the S&P 500 index has surged 10.18 percent in the same period. Moneygram International's shares fell 0.65 percent to close at $9.92 yesterday.
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Posted In: InitiationAnalyst RatingsGoldman Sachs
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