Visa Or Mastercard: Which One Will Perform Better? This Analyst Picks His Favorite - Mastercard (NYSE:MA), Visa (NYSE:V)

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  • Mizuho analyst Dan Dolev maintained Mastercard Inc MA with a Buy and lowered the price target from $385 to $380.
  • Dolev reiterated Neutral on Visa Inc V with a $220 price target.
  • Both V and MA reported results last week. 
  • Comparing their three-year U.S. volume share of PCE shows MA is capturing a share above its historical average, whereas Visa is trending below. 
  • The latter also saw U.S. credit volumes decline sequentially, reversing a multi-year positive trend. 
  • Dolev updated C4Q and 2023-2024 estimates for both networks. 
  • The 2023-2024 estimates move slightly higher for V, but not enough to change Dolev’s price target. 
  • The analyst raised 2022 estimates for MA but trimmed outer-year expectations. 
  • Price Action: MA shares traded higher by 1.45% at $332.94 on the last check Tuesday.

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Image and article originally from www.benzinga.com. Read the original article here.