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The pandemic-led lockdowns and social distancing restrictions hurt spending on several discretionary goods, travel, entertainment and fuel, thus impacting payment network giants Visa, Mastercard ...
Seaport analyst Jeff Cantwell upgraded Visa Inc. (NYSE:V) to Buy from Neutral with a price target of $359. The analyst raised forecasts for the company, which are above consensus for both 2025 and ...
Revenue upside in 2025 appears more limited due to its higher international exposure compared to Visa, and Mastercard lacks an identifiable catalyst, adds the analyst. Last year, the analyst ...
Mizuho analyst Dan Dolev maintained Mastercard Inc (NYSE: MA) with a Buy and lowered the price target from $385 to $380. Dolev reiterated Neutral on Visa Inc (NYSE: V) with a $220 price target.
Mastercard, along with Visa, has been sued in a class action by ATM operators that claim the credit card networks' rules effectively fix ATM access fees. The suit claims that this is a restraint of trade in violation of federal law.
Visa and Mastercard are both well-known global brands with strong name recognition and reputation, and both are leaders in the financial space. Check Out: 401(k) Growth Potential -- Ways to Double...