Seaport initiates coverage of fintech sector with five Buys, five Neutrals

Seaport Research initiated coverage of ten stocks in the fintech sector, starting five at Buy and five with Neutral ratings. Seaport started Bill (BILL) with a Buy rating and $144 price target, Flywire (FLYW) with a Buy rating and $40 target, Global Payments (GPN) with a Buy and $140 target, Mastercard (MA) with a Buy and $465 target and Shopify (SHOP) with a Buy rating and $64 price target. The firm initiated Block (SQ), FIS (FIS), Fiserv (FI), PayPal (PYPL) and Visa (V), all with Neutral ratings and no price targets.