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Player Avatar RallyCry (< 20) Submitted: 2/20/2013 2:06:24 PM : Outperform Start Price: $12.83 WU Score: +0.81

Western Union stumbled on earnings and was punished late last fall with a 30% drop. It has recovered slightly, but we are looking at a company that will earn around $1.50 in 2014. What kind of multiple should we put on the company? How about 11x 2014 earnings due to their relatively stable cash flow generation and 3.5% current yield. My 12-18 month price target is $16.50 or 18.36% above current prices.

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