Market Overview

Buckingham, Pacific Crest Favor Visa Over Mastercard

Share:
Related V
Big Names Aren't Big In This Tech ETF, But Big Returns Are
The Federal Funds Rate And How It Impacts You
Stocks Up, Dow Leads, Snap Sinks; 5 Solid Big-Cap Names For 2017 (Investor's Business Daily)

Following a management meeting with Visa (NYSE: V) from August 17, Josh Beck of Pacific Crest Securities had several takeaways that lead him to favor Visa over Mastercard (NYSE: MA).

Beck feels that:

  • New mobile partnerships could help visa differentiate, thereby gaining share
  • Potential partnership with Apple makes sense
  • Opportunity to replace checks and cash with digital payments has tremendous runway

David Hochstim of Buckingham Research is also in the Visa camp, citing the company's various initiatives to expand its role in digital commerce to help it sustain high rates of revenue and EPS growth. Hochstim goes on to say Visa seems likely to help speed development of new products and services for consumers that generate more transactions for its network.

Shares of Visa closed Monday at $214.32 , up 1.96 percent.

Latest Ratings for V

DateFirmActionFromTo
Feb 2017Loop CapitalInitiates Coverage OnBuy
Dec 2016Bank of AmericaUpgradesNeutralBuy
Dec 2016GuggenheimUpgradesNeutralBuy

View More Analyst Ratings for V
View the Latest Analyst Ratings

Posted-In: Buckingham Research Josh Beck Pacific CrestAnalyst Color News Analyst Ratings

 

Related Articles (MA + V)

View Comments and Join the Discussion!