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UPDATE: UBS Upgrades Visa (V) to Neutral

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UBS Upgrades MasterCard (MA) to Neutral

February 21, 2013 7:05 AM EST

UBS upgraded MasterCard (NYSE: MA) from Sell to Neutral and raised its price target from $425 to $519.

The firm comments, "We are upgrading MA to Neutral. Shares have modestly underperformed YTD (+4.4% vs. the S&P 500 +9.0%) and we believe intact long-term guidance, operating leverage, a... More