Deutsche Bank has restarted research coverage of the payments, processors and IT-services industry, publishing ratings on 25 companies. The bank assigned Buy recommendations to nine names, including Mastercard, Visa and restaurant-software provider Toast, while designating 14 Holds and two Restricted ratings. Analyst Nate Svensson called Mastercard a “high-quality compounder” and set a $650 price target, citing resilient consumer spending and the firm’s ability to navigate trade uncertainty. Visa received a Buy and a $410 target for its consistent sales growth and strong cash generation. Toast was initiated at Buy with a $54 target, with analysts highlighting rapid market-share gains among restaurants and improving profitability.
Deutsche Bank Initiates Coverage on Fintech—Buy on $TOST, PT $54 JPMorgan Lowers $DUOL PT to $500 from $580 - Overweight Truist Securities Maintains ‘Hold’ on $HIMS Hims & Hers Health, Raises Price Target to $48.00 from $45.00 — Increase of 6.67% BofA Securities Upgrades $CSX
Just in: Deutsche Bank resumes coverage on Visa $V with a Buy rating and a $410 price target. Despite trade uncertainty, Visa is favored for its consistent sales growth and cash flow generation. #Visa #Investing
Just in: Deutsche Bank resumes coverage of MasterCard $MA with a Buy rating and a $650 price target. Analyst Nate Svensson highlights $MA as a "high-quality compounder" amid trade uncertainty and consumer spending concerns. #Investing #Finance