MoneyGram poised to gain market share in border region, says JMP Securities After speaking with Latin/South America remittance providers. JMP Securities believes that several factors are likely to enable MoneyGram to gain market share in the U.S.-Mexican corridor. The firm firm maintains a $22 target and Outperform rating on the stock.
MoneyGram shares likely to remain range-bound, says Wells Fargo Wells Fargo expects MoneyGram's delayed quarterly filing on a "re-evaluation of its prior accounting policies and procedures related to global unclaimed property matters" to be another contributor to the stock being range-bound for the foreseeable future. It keeps a Market Perform rating on the stock.