Stephens is the latest to call for the outperformance at Visa (V +0.5%) and Mastercard (MA +0.8%) to continue. Both payments stocks are tagged with Overweight ratings in new coverage as analyst Brett Huff forecasts earnings beats.
The firm gives a slight edge to Visa due to the upside with the European business. Visa catches a price target of $125 to rep 16% potential, while Mastercard's PT of $166 reps 13% upside.
Previously: Wells Fargo positive on Visa and Mastercard (Oct. 11)