Deutsche Bank: Visa, Mastercard Update (V,MA)

Deutsche Bank DB was out with a client note on Visa V and MasterCard MA today. The analysts wrote, "V/MA rallied Monday on the House's compromise to interchange regs drafted as part of financial reform conf. process. Interchange is on the docket for Tuesday, and although House compromises have not yet been officially adopted, we haven't heard big oppositions from the Senate, making us optimistic that the concessions may be amenable." Deutsche Bank said that this could potentially could be very positive for V/MA. During today's trading session, V has lost 2.10% to $79.18 and MA has gained 0.03% to $223.41.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Analyst ColorNewsPrice TargetPoliticsIntraday UpdateAnalyst RatingsGeneralData Processing & Outsourced ServicesDiversified Capital MarketsFinancialsInformation Technology
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!