Western Union Co. (WU)
<b>The Western Union Company's</b> (<a href=http://www.zacks.com/stock/quote/wu>WU</a>) fourth quarter earnings narrowed compared to the prior-year quarter as a result of lower transaction volumes due to ongoing market challenges and the dilutive effects of recent acquisitions. <p> However, we believe that the company's strong brand name, network expertise and financial strength will position it well for long term profitability. Moreover, the company is experiencing gradual recovery of transaction, revenue and pricing trends. <p> Then again, given the slow pace of economic recovery, we would have to wait for some time to see any significant improvement. Our current target price is $15 per share.
March 10, 2010 | Filed Under Stocks to Sell
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