By: Benzinga
January 11, 2013 at 13:19 PM EST
UPDATE: Piper Jaffray Reiterates Overweight Rating, Lowers PT on Moneygram International
In a report published Friday, Piper Jaffray & Co. reiterated its Overweight rating on Moneygram International (NYSE: MGI ), but lowered its price target from $19.00 to $17.50. Piper Jaffray noted, “We recently met with CEO Pamela Patsley and CFO Alex Holmes. Overall, we believe the core business remains relatively
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