Jul
19
Wall Street Is Suddenly Bullish on Fintech Stocks
By-
Square, PayPal performance suggest e-payments expanding market
- Analysts see potential for growth, greater future returns
The financial technology sector has seen a slew of positive notes from Wall Street analysts this week as earnings season kicks off.
Once known for poor performance from high-profile initial public offerings at LendingClub Corp. and On Deck Capital Inc., payments companies like Jack Dorsey’s Square Inc. and PayPal Holdings Inc. are attracting support for the industry…