Qiwi plc Stock Upgraded: What You Need to Know [The Motley Fool]
QIWI plc - American Depositary Shares (QIWI)
Last qiwi plc - american depositary shares earnings: 3/24 07:15 am
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US:NASDAQ Investor Relations:
finance.yahoo.com/quote/qiwi
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Source: The Motley Fool
Qiwi is the apple of this banker's eye. Every day, Wall Street analysts upgrade some stocks, downgrade others, and initiate coverage on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope... I just flew back from Russia on Tuesday. Imagine my surprise, then, to learn shortly after arriving that Swiss megabanker UBS has just upgraded Qiwi plc ( NASDAQ:QIWI ) -- the very same stock that I named my top Russian pick back in January. Why does UBS love it? I've got a theory. Image source: Getty Image. Fresh Qiwi -- from Russia! Let's begin with a quick refresher course on just what Qiwi is. A specialist in online and mobile electronic payments, Qiwi owns and operates a network of 113,000 e-payments kiosks throughout the Russian Federation , Kazakhstan, Moldova, Belarus, Romania, and the United Arab Emirates. Running its proprietary software, thes
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