According to the average brokerage recommendation (ABR), one should invest in MasterCard (MA). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
(Bloomberg) -- A $30 billion settlement between Visa Inc., Mastercard Inc. and retailers to cap credit-card swipe fees is likely to be rejected by a federal judge in Brooklyn, a setback in the two decade-long litigation.Most Read from BloombergFlesh-Eating Bacteria That Can Kill in Two Days Spreads in JapanSouthwest Plane Plunged Within 400 Feet of Ocean Near HawaiiYes, Everyone Really Is Sick a Lot More Often After CovidDanes Asked to Keep Supplies, Iodine Pills to Prepare for CrisesMeloni Uses
Mastercard (MA) collaborates with Doha Bank in a bid to support the bank's digital transformation journey.