Weaker estimates cast shadow over Visa's profit beat

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Argus Upgrades MasterCard (MA) to Buy

February 2, 2018 8:00 AM EST

Argus upgraded MasterCard (NYSE: MA) from Hold to Buy with a price target of $200.00.

The analyst said based on strong cyclical and secular trends in the payment processing industry, they believe that MasterCard should trade above its historical average earnings multiple... More