Barclays Starts Coverage on Wise’s U.S. Shares, Cites Market Share Momentum and Margin Durability
Barclays initiated coverage of Wise Group Plc’s U.S.-listed shares at an overweight rating with a $15 price target, while keeping an unchanged overweight stance on the London-listed stock with a £11.40 target. The broker points to continued market share gains, scaling of the Platform business and margin resilience as the basis for its positive view…