Broker Recommendations

Barclays upgrades Wise to 'overweight'

By Michele Maatouk

Date: Tuesday 21 May 2024

(Sharecast News) - Barclays upgraded Wise on Tuesday to 'overweight' from 'equalweight' and lifted the price target to 1,000p from 800p.
"Wise's diversification offers sufficient levers to continue growth more than 20% mid-term at a circa 25% margin, even excluding excess NII," the bank said.

"Coupling underlying momentum with a...

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