The current political situation raises risks for Western Union.
Western Union’s fourth-quarter results were marred by some one-time charges, but the underlying results show an encouraging trend in the core business. We will maintain our wide moat rating and $22 fair value estimate.The company saw 4% year-over-year growth in its core money transfer segment, excluding currency effects, which marks a material acceleration from recent results. While the industry backdrop remains fairly weak, stabilization in oil-producing countries is reducing headwinds. Additi...
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