|February 12, 2014|
|07:48 EDT||MA||Jefferies sees 'multiple paths' for MasterCard to hit earnings target|
Jefferies believes MasterCard has "multiple paths" to achieve its 20%-plus earnings CAGR guidance for the 2013-15 period. The firm says downward estimate revisions following MasterCard's Q4 results has led to questions on achievability of the three-year guidance. Jefferies keeps a Buy rating on MasterCard.
News For MA From The Last 14 Days
|December 17, 2014|
|08:31 EDT||MA||Visa MasterCard shares undervalued, says Bernstein|
Bernstein believes that the current valuations of Visa (V) and MasterCard (MA) suggests that their payments volumes growth will decelerate to 6%-7% by 2017. The firm disagrees with this view, as it expects the companies to generate double digit volume growth for five to ten more years, Bernstein keeps Outperform ratings on both stocks.
|December 8, 2014|
|14:50 EDT||MA||Visa price target raised to $295 from $260 at Argus|
Argus raised its FY15 and FY16 adjusted EPS estimates for Visa (V) and correspondingly increased its price target on the stock to $295 from $260. The firm, which keeps a Buy rating on Visa, expects rising transaction volume to lead to higher consensus earnings estimates and believes the stock should trade at a higher multiple than peer MasterCard (MA), given its faster EPS growth rate and more consistent earnings performance.
|09:04 EDT||MA||MasterCard, Dynamics announce joint commercial initiative|
In conjunction with the Series C funding announcement issued earlier, MasterCard and Dynamics Inc. also announced a joint commercial initiative to drive innovation in the interactive payment card market. The collaboration enables MasterCard to offer exclusive Dynamics products to its issuers globally, providing consumers with added choice, flexibility and security at the point of sale.
|December 5, 2014|
|16:52 EDT||MA||Dow just below 18K as market finishes week with gains|
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