UBS Downgrades Mastercard (MA) and Visa (V) to Sell
July 09, 2012 at 08:37 AM EDT
John T. Williams from UBS Equity Research is making a potentially major call downgrading both Mastercard (NYSE:MA) and Visa (NYSE:V) to Sell. - V price target goes to $113 (-$14), MA to $403 (-$54) V and MA shares sit near all-time highs despite exposure to a weakening global consumer spending backdrop—which makes a slowdown in [...]