Sector roundup: Credit cards, housing market

Sector roundup: Credit card processors rise as UBS removes Sell rating; housing retailers cut

Associated Press

Among the sector activity stories for Thursday, Feb. 21, from the AP Financial Desk:

NEW YORK (AP) -- Shares of credit card processors Visa Inc. and MasterCard Inc. edged higher Thursday after a UBS analyst upgraded both stocks to "Neutral."

NEW YORK (AP) -- The housing market is finally rebounding — so it's time to downgrade home improvement retailers, an analyst postulated Thursday, and downgraded Home Depot and Lowe's to "Hold" from "Buy."

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