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Fly News Breaks for April 15, 2016
V, MA
Apr 15, 2016 | 08:15 EDT
Baird analyst David Koning sees the potential for MasterCard (MA) to post a "solid" beat on revenue and EPS with its Q1 report, due Thursday, April 28, and thinks 2016 and 2017 estimates are "biased nicely higher." The analyst, who maintains an Outperform rating on MasterCard and increased his price target on the stock to $112 from $100, prefers it slightly to Visa (V) given MasterCard's slightly less expensive valuation, its potential for more margin expansion and its better net cash position.
News For MA;V From the Last 2 Days
MA
Apr 18, 2024 | 06:47 EDT
Baird analyst David Koning raised the firm's price target on MasterCard to $545 from $525 and keeps an Outperform rating on the shares. The firm thinks Q1 revenue/EPS beat mildly and guidance will be mildly raised. They like the stock over the course of 2024 as a steady grinder.
V
Apr 17, 2024 | 07:03 EDT
Baird raised the firm's price target on Visa to $320 from $314 and keeps an Outperform rating on the shares. The firm thinks FQ2 revenue/EPS likely both beat mildly; and they like a lot as long-term compounder.