Market Overview

UPDATE: Stifel Initiates Coverage On Western Union On Struggle To Find Bull Case


In a report published Tuesday, Stifel analyst Christopher Brendler initiated coverage on The Western Union Company (NYSE: WU) with a Hold rating.

In the report, Stifel noted, “In our view, WU has unparalleled competitive advantages in the global remittance market with a truly global presence, enviable brand, and an unmatched compliance infrastructure. However, new tech-enabled players and traditional competitors alike are targeting WU's customers with lower priced options that are driving secular pricing pressure. With compliance/marketing adding to operating margin pressure, we struggle to find a bull case despite an attractive valuation, shareholder-friendly FCF distribution, and clear progress in 2014. As such, we rate the shares Hold.”

Western Union closed on Monday at $17.76.

Latest Ratings for WU

Nov 2019DowngradesBuyNeutral
Nov 2019MaintainsHold
Oct 2019MaintainsSell

View More Analyst Ratings for WU
View the Latest Analyst Ratings

Posted-In: Christopher Brendler StifelAnalyst Color Initiation Analyst Ratings


Related Articles (WU)

View Comments and Join the Discussion!

Latest Ratings

TORCCantor FitzgeraldDowngrades3.0
CIDMCanaccord GenuityMaintains1.5
TDGCanaccord GenuityMaintains620.0
DLPNCanaccord GenuityMaintains1.6
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at

Chembio DPP Technology to be Used in Development of Point-of-Care Diagnostic Test for Traumatic Brain Injury and Sports-Related Concussion

A Brief Recap Of Recent Crude Oil Prices