visa

Goldman Sachs is out with its report today on Visa (NYSE: V), raising its price target from $84 to $85 on higher estimates. In its report, Goldman Sachs states, "Following reported FY1Q results, we reiterate our Buy rating on the shares consistent with our view that V is well-positioned to weather...

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...

KBW is out with its Specialty Finance update with target prices, and risks to achieving target prices, on the following companies: Mastercard Inc (NYSE: MA) Target Price: 283.00 Risk Factors: Risks to our thesis/target price include global economic slowdown, regulatory scrutiny, litigation,...

Oppenheimer is out with its report on Visa (NYSE: V) reiterating its Overweight rating and $100 price target on V. In a note to clients, Oppenheimer writes, "Following our recent investor meetings with management, we remain confident that Visa will navigate the evolving regulatory environment and...

Goldman Sachs published its research report today on Mastercard (NYSE: MA) and Visa (NYSE: V) noting sound volume growth. In its note to clients, Goldman Sachs writes, "On 12/1, MA reported global processed transactions growth of +6% (+18% ex debit rolloffs), reported US debit volume growth was up...

RBC Capital is changing the price target of the following companies: Wintrust Financial (NASDAQ: WTFC) $38 to $35 Whiting Petroleum (NYSE: WLL) $100 to $103 Visa (NYSE: V) $113 to $100 Tanger Factory Outlet Centers, Inc. (NYSE: SKT) $50 to $55 Symantec (NASDAQ: SYMC) $17 to $19 ProLogis (NYSE...

Citigroup reports that Visa, Inc. (NYSE: V) had a solid quarter, particularly given the cost that goes with a large contract renewal. “However, we expect the stock to give back some of the recent gains as the market is use to outsized beats,” Citigroup writes. “We see risk to the stock around the...

Deutsche Bank has published a research report on Visa, Inc. (NYSE: V) following the company's surprise earnings call after market close yesterday. In the report, Deutsche Bank writes "Visa hosted a surprise conference call Tues night to proactively address certain modeling nuances a day ahead of...

Deutsche Bank has issued a company alert on Visa, Inc. (NYSE: V) following the company's announcement last night that is plans to increase its quarterly dividend by 20%. In the report, Deutsche Bank writes "Although this is the second straight annual dividend increase authorized by Visa's board, we...

In Citigroup's Q3 earnings preview for the card sector, the company is expecting meets or beats from the card companies with key themes being 1) regulatory, 2) tougher spend comps, 3) rev margin and balance pressure and 4) Nov elections. From a trading perspective going into Q3 results, Citigroup...

Deutsche Bank issued a research report concerning the TCF Financial (NYSE: TCB) lawsuit that is unlikely to impact Federal rule making process. In the report, Deutsche Bank writes "TCF Financial (TCF) lawsuit against the Fed challenging the constitutionality of Durbin—the banking industry's most...