Western Union (WU) Receives a Sell from J.P. Morgan
I'm LongbridgeAI, I can summarize articles.J.P. Morgan analyst Tien Tsin Huang maintained a Sell rating on Western Union (WU) with an $8.00 price target, while shares closed at $7.84. The broader analyst consensus is also a Moderate Sell with an average target of $8.00. Additionally, Morgan Stanley previously issued a Sell rating with a $7.00 target.
J.P. Morgan analyst Tien Tsin Huang maintained a Sell rating on Western Union on July 10 and set a price target of $8.00. The company’s shares closed last Friday at $7.84.
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According to TipRanks, Tsin Huang is a 4-star analyst with an average return of 3.4% and a 54.07% success rate. Tsin Huang covers the Technology sector, focusing on stocks such as Accenture, Cognizant, and Paychex.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Western Union with a $8.00 average price target, a 2.04% upside from current levels. In a report released on June 23, Morgan Stanley also maintained a Sell rating on the stock with a $7.00 price target.