BofA analysts downgrade Mastercard and Visa to Neutral

Bank Of America News

BofA analysts downgrade Mastercard and Visa to Neutral
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Bank of America analysts downgrade credit card companies Mastercard (MA) and Visa (V) to Neutral, also lowering Mastercard's price target from $505 to $480...

Speaking of the consumer, let's talk about shares of Mastercard falling after Bank of America downgraded its rating on the stock from Biden neutral.Now, the stock right now is off just about 2.5%.But for Mastercard , it's the biggest lump that we've seen in just about 20 weeks, Bank of America also downgrading Visa to neutral that stock of like I said just around 1.5%.

Specifically, they see calendar Q two estimates as achievable amid the broader consumer spending environment. Canadian stocks like BCE offer ultra high yields, making them attractive to earn passive income. The post My Top 5 Ultra-High Yield Dividend Stocks to Buy in July appeared first on The Motley Fool Canada.These Canadian blue-chip stocks are backed by strong fundamentals, enabling them to generate steady capital gains and dividend income. The post Canadian Blue-Chip Stocks: The Best of the Best for July appeared first on The Motley Fool Canada.

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