UBS raises Wise price target 12% to 1,300p ahead of results

UBS has raised its price target on Wise Group PLC (LSE:WISE, NASDAQ:WSE), the cross-border payments company, to 1,300p from 1,160p, keeping its 'buy' rating, because it expects higher interest rates to lift earnings. The new target is 41.6% above Wise’s closing price of 918p on Monday, which...