mastercard

The “highly anticipated and debated Fed rules on debit surprised on the upside yesterday and should be viewed as a victory for Visa (NYSE: V) and MasterCard (NYSE: MA) shares,” JP Morgan wrote in a report today. “Consensus was finally right to be optimistic the fourth time around as the Fed (1)...

Wedbush Securities has raised the price target on MasterCard (NYSE: MA) from $258 to $280 and maintains its Neutral rating.

Jefferies is out with its report today on Mastercard (NYSE: MA), initiating MA at Buy. In a note to clients, Jefferies writes, "We believe MasterCard's current multiple is not reflective of the uniqueness and earnings power of the underlying business model. While ongoing regulatory concerns will...

Jefferies & Company has initiated coverage on MasterCard (NYSE: MA) with a Buy rating and $333 price target.

Wedbush, which lowered its PT on shares of MasterCard (NYSE: MA), is providing some color on the stock. “We believe MasterCard will continue to grow on the strength of its international business,” Wedbush writes. “However, we believe that the implementation of the Durbin amendment (now that the...

Wedbush Securities has lowered the price target on MasterCard (NYSE: MA) from $272 to $258 and maintains its Neutral rating.

J.P. Morgan increased its price target on MasterCard (NYSE: MA) from $285 to $330, while reiterating its Overweight rating, in a research report published today. In the report, J.P. Morgan states, "MasterCard reported strong, clean 1Q11 results of $4.29, exceeding JPM/Street estimates of $4.09 on...

JP Morgan has raised the price target on MasterCard (NYSE: MA) from $285 to $330 and maintains its Overweight rating.

J.P. Morgan is out with its report today on MasterCard (NYSE: MA), maintaining Overweight. In a note to clients, J.P. Morgan writes, "This morning, MasterCard reported strong 1Q11 results of $4.29, exceeding JPM/Street estimates of $4.09 on revenue upside. EPS upside versus our model, as expected...

J.P. Morgan maintained its Overweight rating on Mastercard (MA) shares ahead of earnings. J.P. Morgan states "We think volume upside is possible based on reported issuer metrics, which have been boueyed by improved consumer spending and rising gas prices." Shares of Mastercard closed at 275.89 on...

Google (NASDAQ: GOOG), Citigroup (NYSE: C) and MasterCard (NYSE: MA) are working together to set up a mobile payment system for Android phones, Reuters reports. The new technology will allow consumers to wave their Android phones in front of a small reader at the checkout counter to make payments...

During an interview with CNBC this morning, Alan Greenspan spoke about QE2, foreclosures and the economic recovery. “I am assuming that the foreclosures will begin to slow down,” he said. “But the problem we've had is such a large proportion of sales are distressed sales.” Greenspan also said that...

Deutsche Bank has raised the price target on MasterCard (NYSE: MA) from $285 to $300 and maintains its Buy rating.

JP Morgan has raised the price target on MasterCard Incorporated (NYSE: MA) from $277 to $285 and maintains its Overweight rating.

Investors are now becoming familiar with the story of Master Card (NYSE: MA) and Visa (NYSE: V) being pummeled by the Fed's proposal to cut interchange rate drastically for debit cards. To recap, Federal Reserve on December 16 announced the proposal to place a cap on the interchange fees banks...