💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Earnings time for Mastercard and Visa

Published 01/31/2018, 02:48 PM
© Reuters.  Earnings time for Mastercard and Visa
MA
-
MS
-
V
-
  • Mastercard (MA +0.8%) and Visa (V +0.3%) are due to report earnings tomorrow in what could be a pair of "noisy" reports due to tax charges in Q4, repatriated foreign earnings and the impact of a weaker dollar.
  • Investors are likely to latch on to the full-year guidance from the payments companies, which will include tax reform benefits.
  • Just in front of the earnings reports, Morgan Stanley (NYSE:MS) boosts its price target on Visa to $137 and on Mastercard to $178. Nomura hikes its PT on Visa to $148 and takes Mastercard to $195.
  • Visa currently trades at $124.13, while Mastercard stands at $168.71.
  • Sources: Marketwatch.com. Bloomberg
  • Now read: Visa: Playing The Up-Cycle Responsibly


Original article

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.