TipRanks
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After meeting with Mastercard Chief Digital Officer Pablo Fourez, Wolfe Research has “incremental conviction” that MasterCard (MA) and Visa (V) are well positioned to benefit from the rise of agentic commerce. On stablecoin, the firm sees less risk to the companies than the recent volatility suggests, saucing consumers are well-served by current consumer card offerings. Wolfe continues to see the greatest risk from stablecoins around select cross-border business-to-business use cases and remittances rather than consumer payments disruption. The firm has an Outperform rating on MasterCard with a $655 price target.
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