Company | Date | Price Target | Rating | Analyst |
---|---|---|---|---|
7/10/2024 | $505.00 → $480.00 | Buy → Neutral | BofA Securities | |
5/13/2024 | $531.00 | Overweight | Piper Sandler | |
5/3/2024 | $175.00 → $145.00 | Overweight → Neutral | Piper Sandler | |
5/3/2024 | $165.00 → $145.00 | Outperform → Market Perform | BMO Capital Markets | |
4/11/2024 | $545.00 | Buy | TD Cowen | |
4/9/2024 | $64.00 | Buy → Neutral | Compass Point | |
3/27/2024 | $56.00 → $62.00 | Outperform → Mkt Perform | Keefe Bruyette | |
2/9/2024 | $156.00 | Buy → Neutral | BofA Securities |
Payment passkeys speed up transactions using biometrics, enhancing security and convenience for consumers and businesses During a keynote presentation at Global Fintech Fest in Mumbai, Mastercard announced the worldwide launch of its new Payment Passkey Service to make online shopping more secure and easier than ever. Debuting first in India as a pilot with some of the nation's largest payments players, including payment aggregators such as Juspay, Razorpay and PayU, online merchants such as bigbasket and leading banks such as Axis Bank, the service will give millions of consumers more control and peace of mind when checking out online. Despite the rising popularity of one-time password
Rellevate, Inc., a fintech empowering consumers with innovative services for flexible money access, has announced a partnership with Mastercard to continue scaling payments and disbursements services in the public sector. Rellevate's leading digital banking, disbursements, and wallet solutions are designed to unlock access to payments technology for underserved communities. With a suite of public sector solutions that help communities shift to the safety, security, transparency and speed of digital payments, Mastercard helps governments use technology to further drive financial inclusion. Together, Rellevate and Mastercard will work with local, city and state governments to create ways fo
ATLANTA, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Trimont, the leading global commercial real estate loan services provider, has entered into a definitive agreement to purchase Wells Fargo's non-agency third-party Commercial Mortgage Servicing (CMS) business, the largest servicer of CRE securitized debt in the U.S. The transaction, backed by Värde Partners, positions Trimont as the largest loan servicer, managing a combined $640 billion of loans in the United States, equivalent to approximately 11% of the U.S. commercial real estate lending market. A leader in complex non-bank credit servicing, Trimont primarily serves non-bank and alternative lenders, while CMS specializes in securitized debt
Wells Fargo & Company (NYSE:WFC) today announced dividends on six series of preferred stock. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240816435117/en/Wells Fargo Bank branch located in the Wells Fargo Center (Photo: Wells Fargo) A quarterly cash dividend of $18.75 per share was declared on its 7.50% noncumulative perpetual convertible class A preferred stock, Series L, liquidation preference $1,000 per share, which is traded on the New York Stock Exchange under the symbol "WFCPrL". The Series L dividend is payable on Sept. 16, 2024, to holders of record as of the close of business on Aug. 30, 2024. A quarterly cash divid
Posts double-digit room night growth Drove 3 points of sequential acceleration in gross bookings growth to 6% Expedia Group, Inc. (NASDAQ:EXPE) announced financial results today for the second quarter ended June 30, 2024. "Our second quarter results came in at the high end of our expectations, with gross bookings and revenue growing 6%. We're pleased with our momentum and the sequential improvement in our consumer brands. However, in July, we have seen a more challenging macro environment and a softening in travel demand. We are therefore adjusting our expectations for the rest of the year," said Ariane Gorin, CEO of Expedia Group. Second Quarter Highlights Total gross bookings w
Mastercard Incorporated (NYSE:MA) today announced its second quarter 2024 financial results through an earnings release available on the company's Investor Relations website at investor.mastercard.com. The earnings release will be furnished with the Securities and Exchange Commission (SEC) on a Form 8-K and available here. At 9:00 a.m. ET today, the company will host a conference call to discuss these financial results. Conference Call Details: Toll-free dial-in: 1-888-330-2508 Toll dial-in: 1-240-789-2735 Conference ID: 6451878 A replay of the call will be available for 30 days using the following dial-in: Toll-free dial-in: 1-800-770-2030 Toll dial-in: 1-647-362-9199 Conference ID:
BofA Securities downgraded Mastercard from Buy to Neutral and set a new price target of $480.00 from $505.00 previously
Piper Sandler initiated coverage of Mastercard with a rating of Overweight and set a new price target of $531.00
Piper Sandler downgraded Expedia Group from Overweight to Neutral and set a new price target of $145.00 from $175.00 previously
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In the ever-changing and fiercely competitive business landscape, conducting thorough company analysis is crucial for investors and industry experts. In this article, we will undertake a comprehensive industry comparison, evaluating Mastercard (NYSE:MA) and its primary competitors in the Financial Services industry. By closely examining key financial metrics, market position, and growth prospects, our aim is to provide valuable insights for investors and shed light on company's performance within the industry. Mastercard Background Mastercard is the second-largest payment processor in the world, having processed close to over $9 trillion in volume during 2023. Mastercard operates in over 200
Financial giants have made a conspicuous bearish move on Wells Fargo. Our analysis of options history for Wells Fargo (NYSE:WFC) revealed 25 unusual trades. Delving into the details, we found 48% of traders were bullish, while 52% showed bearish tendencies. Out of all the trades we spotted, 18 were puts, with a value of $779,389, and 7 were calls, valued at $661,430. What's The Price Target? Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $40.0 to $67.5 for Wells Fargo during the past quarter. Analyzing Volume & Open Interest Looking at the volume and open interest is an insightful way to conduct due diligence on
8-K - Expedia Group, Inc. (0001324424) (Filer)
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10-Q - Expedia Group, Inc. (0001324424) (Filer)
Payment passkeys speed up transactions using biometrics, enhancing security and convenience for consumers and businesses During a keynote presentation at Global Fintech Fest in Mumbai, Mastercard announced the worldwide launch of its new Payment Passkey Service to make online shopping more secure and easier than ever. Debuting first in India as a pilot with some of the nation's largest payments players, including payment aggregators such as Juspay, Razorpay and PayU, online merchants such as bigbasket and leading banks such as Axis Bank, the service will give millions of consumers more control and peace of mind when checking out online. Despite the rising popularity of one-time password
Wells Fargo & Company (NYSE:WFC) announced today that Bridget Engle has been named Senior Executive Vice President (SEVP) and Head of Technology, reporting to Wells Fargo CEO Charlie Scharf and joining the company's Operating Committee, effective August 12, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240730039323/en/Exterior view of a Wells Fargo branch (Photo: Wells Fargo) Engle will be responsible for all technology across the Company. She brings more than 30 years of experience managing large, global technology organizations in complex financial institutions. Engle joins Wells Fargo from BNY where she served as SEVP
Mastercard Incorporated (NYSE:MA) announced the preliminary results of its annual meeting of stockholders, held today. At the meeting: The full slate of 12 directors was elected for a one-year term to expire at the next annual meeting of stockholders The compensation for the company's executive officers was approved on an advisory basis The appointment of PricewaterhouseCoopers, LLP as the company's independent registered public accounting firm for 2024 was ratified None of the five stockholder proposals were approved by the voters When final voting results are available, they will be filed with the Securities and Exchange Commission (SEC) on a Form 8-K and posted on the In