- MasterCard (MA -0.5%) and Visa (V -0.6%) are both lifted to a Buy rating by Janney Montgomery Scott.
- Both payments companies have a lower litigation risk due to a recent appeals court hearing that leaned in their favor and the move to Brooklyn from Arkansas of Wal-Mart's appeal to the anti-trust settlement sets up well for the pair, reasons the investment firm.
- MasterCard's deal for the co-branded Sam's Club credit card portfolio and Visa's new fixed acquirer network fee setup could also provide a boost.