Fly News Breaks for June 17, 2019
Jun 17, 2019 | 09:41 EDT
BofA Merrill analyst Jason Kupferberg raised his price target for MasterCard (MA) to $267 from $255 but maintained a Neutral rating, saying he continues to prefer Visa (V) over Mastercard. The analyst says MasterCard trades at nearly a 10% premium to Visa, and thinks this gap will narrow with the potential for the networks to trade at parity.
News For MA;V From the Last 2 Days