Jul 10, 11:37 PM

BofA Downgrades Visa and Mastercard to Neutral Amid Growth Concerns, Shares Drop ~10%

BofA Securities downgraded Visa ($V) and Mastercard ($MA) to Neutral due to a decrease in confidence in their multiyear top line growth and an increase in regulatory and litigation activity. Both companies have seen a ~10% decrease in share value since the beginning of 2024.

#BofA Securities #Visa #Mastercard #Neutral

Written with ChatGPT (GPT-3).

Sources

Markets Today@marketsday
1 year ago
#BofA Securities downgraded $V and $MA to Neutral.
Koyfin@KoyfinCharts
1 year ago
Both Visa and Mastercard have drawn down ~10% since the start of 2024 👀 $V $MA https://t.co/mPUx5ZIuOj
MarketWatch@MarketWatch
1 year ago
Visa and Mastercard shares draw downgrades as BofA analyst breaks from the pack https://t.co/pqbvWPdYNV

BofA Downgrades Visa and Mastercard to Neutral Amid Growth Concerns, Shares Drop ~10%

Sources

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