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Fly News Breaks for January 15, 2020
MGI
Jan 15, 2020 | 08:24 EDT
Northland analyst Mike Grondahl lowered his price target on MoneyGram (MGI) shares to $3.50 from $6.00 as he lowered his estimates for potential loss of business at Walmart (WMT), which he notes was a 16%-18% customer the last few years for MoneyGram. He maintains an Outperform rating on MoneyGram shares.
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