Cantor Fitzgerald upgraded shares of WISE (OTCMKTS:WIZEY – Free Report) from a hold rating to a strong-buy rating in a research note released on Wednesday,Zacks.com reports.
WISE Stock Performance
Shares of OTCMKTS:WIZEY opened at $13.55 on Wednesday. WISE has a 52-week low of $10.81 and a 52-week high of $16.06.
WISE Company Profile
Wise plc, originally launched as TransferWise in 2011, is a London-based financial technology company that specializes in cross-border payments and multi-currency financial services for individuals and businesses. The company’s core proposition is to provide lower-cost, transparent international money transfers by routing funds through local accounts and using mid-market exchange rates rather than traditional correspondent banking markups.
Wise’s product set includes consumer and business money transfer services, multi-currency accounts that let users hold and convert balances in multiple currencies, and debit cards that enable spending in foreign currencies with reduced fees.
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