V - Worldline's Concerns Impact FinTech Sector Analyst Says Affirm and Block's Reactions Unwarranted with Limited EU Exposure | Benzinga
Worldline's warning of a "macroeconomic deterioration" in core geographies like Germany hurts the entire FinTech sector pre-market, Mizuho analyst Dan Dolev noted.
Key stocks like Affirm Holdings, Inc (NASDAQ: AFRM) (Buy rating, price target $24), Block, Inc (NYSE: SQ), and PayPal Holdings, Inc (NASDAQ: PYPL) (Buy rating, price target $92) are each trading down.
Dolev views the worries as overblown as Visa Inc (NYSE: V) (Neutral rating, price target $240) specifically did not call ...