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Benzinga
Mizuho Slashes Price Targets Of Mastercard, Visa Out Of Precaution – Read Why
Mizuho analyst Dan Dolev maintained Mastercard Inc (NYSE: MA) with a Buy, cut the price target from $435 to $375, maintained Visa Inc (NYSE: V) with a Neutral, and lowered the Price Target from $235 to $215. The revival of the highly lucrative cross-border volumes following the COVID shock to the travel industry remains a significant component of the medium-term bull thesis for both V & MA, as per Dolev. However, while travel-related stocks and visits to OTAs and other travel websites, a proxy f