Paul Golding Covers Visa (V) Earnings

Paul Golding, Lifestyle and Payments Analyst at Macquarie Group, discusses the increase in transaction and payment volumes, which are up 16% over 2019 levels. He says there has been credit improvement and the digital piece is becoming very structural. Macquarie has an outperform rating on Visa's stock with a price target of $265 up from $245. Next he discusses Mastercard ahead of earnings and points out that Mastercard has emerging markets and consulting businesses.

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Paul Golding Covers Visa (V) Earnings

Paul Golding, Lifestyle and Payments Analyst at Macquarie Group, discusses the increase in transaction and payment volumes, which are up 16% over 2019 levels. He says there has been credit improvement and the digital piece is becoming very structural. Macquarie has an outperform rating on Visa's stock with a price target of $265 up from $245. Next he discusses Mastercard ahead of earnings and points out that Mastercard has emerging markets and consulting businesses.