Barclays on Visa (V) and MasterCard (MA): Regulatory & Litigation Update
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Price: $180.45 +1.32%
Rating Summary:
9 Buy, 9 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Rating Summary:
9 Buy, 9 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Trade V Now!
Barclays on Visa (NYSE: V) and MasterCard (NYSE: MA): Regulatory & Litigation Update
Analyst, Darrin D. Peller, said, "While we continue to view both V and MA as two of our top picks within the payments space, and see both companies as soundly positioned for growth, despite what remains an uncertain macro environment, we recognize that industry regulation and litigation are an inherent part of owning both stocks."
Peller noted a few key matters potentially coming up including: 1) Dept of Justice headline risk after checking with lobbyists; 2) Summer regulatory developments from Europe; and 3) Merchant litigation may be under the radar for now, but the Sept. 12, 2012 trial date could be something of substance.
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Analyst, Darrin D. Peller, said, "While we continue to view both V and MA as two of our top picks within the payments space, and see both companies as soundly positioned for growth, despite what remains an uncertain macro environment, we recognize that industry regulation and litigation are an inherent part of owning both stocks."
Peller noted a few key matters potentially coming up including: 1) Dept of Justice headline risk after checking with lobbyists; 2) Summer regulatory developments from Europe; and 3) Merchant litigation may be under the radar for now, but the Sept. 12, 2012 trial date could be something of substance.
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