Ratings by Daiwa Securities (Kazuya Nishimura)
| Date | Company | Symbol | Type | Rating (Past) |
PT (Past) |
Start $ (End $) |
% Chg. | Details |
|---|---|---|---|---|---|---|---|---|
| 5/6/2026 | PayPal | PYPL | Upgrade | Outperform (2) (Neutral (3)) |
50.39 (56.73) |
12.58% | Details | |
| 2/3/2026 | MasterCard | MA | Upgrade | Outperform (2) (Neutral (3)) |
555.37 (551.54) |
-0.69% | Details | |
| 2/3/2026 | Visa | V | Upgrade | Outperform (2) (Neutral (3)) |
333.84 (365.14) |
9.38% | Details | |
| 1/13/2026 | PayPal | PYPL | Downgrade | Neutral (3) (Outperform (2)) |
57.66 (50.39) |
-12.61% | Details | |
| 1/13/2026 | Moody's Corp | MCO | Upgrade | Outperform (2) (Neutral (3)) |
531.61 (519.02) |
-2.37% | Details | |
| 4/21/2025 | American Express | AXP | Maintain | Buy (1) (N/A) |
|
Details | ||
| 4/4/2025 | Goldman Sachs | GS | Downgrade | Neutral (3) (Outperform (2)) |
563.10 (1095.46) |
94.54% | Details | |
| 8/20/2024 | JPMorgan | JPM | Downgrade | Outperform (2) (Buy (1)) |
215.45 (343.15) |
59.27% | Details | |
| 8/9/2024 | PayPal | PYPL | Upgrade | Outperform (2) (Neutral (3)) |
62.74 (56.73) |
-9.58% | Details | |
| 3/13/2024 | Goldman Sachs | GS | Upgrade | Outperform (2) (Neutral (3)) |
388.18 (1095.46) |
182.2% | Details | |
| 2/13/2024 | PayPal | PYPL | Downgrade | Neutral (3) (Outperform (2)) |
58.91 (62.74) |
6.5% | Details | |
| 12/18/2023 | Morgan Stanley | MS | Maintain | Neutral (3) (N/A) |
|
Details | ||
| 12/18/2023 | Goldman Sachs | GS | Maintain | Neutral (3) (N/A) |
|
Details | ||
| 12/18/2023 | Wells Fargo | WFC | Maintain | Outperform (2) (N/A) |
|
Details | ||
| 12/18/2023 | Bank of America | BAC | Maintain | Outperform (2) (N/A) |
|
Details | ||
| 12/18/2023 | JPMorgan | JPM | Upgrade | Buy (1) (Outperform (2)) |
165.23 (343.15) |
107.68% | Details | |
| 12/18/2023 | Citi | C | Upgrade | Buy (1) (Neutral (3)) |
50.24 (131.71) |
162.16% | Details | |
| 8/16/2022 | MasterCard | MA | Downgrade | Outperform (2) (Buy (1)) |
354.27 (555.37) |
56.76% | Details | |
| 8/16/2022 | Visa | V | Downgrade | Outperform (2) (Buy (1)) |
211.33 (333.84) |
57.97% | Details | |
| 8/16/2022 | PayPal | PYPL | Upgrade | Buy (1) (Outperform (2)) |
101.10 (56.73) |
-43.89% | Details | |
| 2/10/2022 | American Express | AXP | Upgrade | Buy (1) (Sell (5)) |
194.00 (361.57) |
86.38% | Details | |
| 8/12/2021 | MasterCard | MA | Downgrade | Neutral (3) (Outperform (2)) |
364.24 (551.54) |
51.42% | Details | |
| 8/12/2021 | Visa | V | Downgrade | Neutral (3) (Outperform (2)) |
235.06 (365.14) |
55.34% | Details | |
| 8/12/2021 | American Express | AXP | Downgrade | Neutral (3) (Outperform (2)) |
170.67 (361.57) |
111.85% | Details | |
| 5/18/2021 | MasterCard | MA | Upgrade | Outperform (2) (Neutral (3)) |
363.91 (551.54) |
51.56% | Details | |
| 5/18/2021 | Visa | V | Upgrade | Outperform (2) (Neutral (3)) |
226.94 (365.14) |
60.9% | Details |

