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Fly News Breaks for May 11, 2015
MA, V
May 11, 2015 | 07:22 EDT
After news reports late Friday indicated that Visa Inc (V). is in early talks to acquire Visa Europe for $15B-$20B, RBC Capital says that the transaction would be accretive, accelerate cross-border volume growth, reset margins, and enable Visa to be on equal footing with MasterCard (MA) in Europe. RBC keeps a $79 price target and Outperform rating on Visa.
News For V;MA 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.