Outlook For MasterCard, Visa (MA, V)

In a research note released today, analysts at Cowen and Company said "improving trends at J.P. Morgan's credit card sales purchase volumes, merchant processing volume, total transactions processed, and credit cards issued bode well for Outperform rated MasterCard (NYSE: MA) and Visa (NYSE: V)."

In today's trading, Visa (V) is 0.72% higher at $86.76. MasterCard has surged over 1% to $265.57. Cowen and Company reiterates their Outperform rating on both credit card companies.