QIWI PLC-ADR (QIWI) Upgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research upgraded shares of QIWI PLC-ADR (QIWI) from UNDERPERFORM to NEUTRAL on April 14, 2014, with a target price of $31.70.

QIWI plc operates as a provider of next generation payment services primarily in Russia and the CIS. The Company has an integrated network that enables payment services across physical, online and mobile channels. It enables merchants to accept cash and electronic payments from virtual wallets, and operates cash-collecting terminals and kiosks. QIWI plc is based in Moscow, the Russian Federation.

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