JPMorgan lowered the firm’s price target on MasterCard (MA) to $655 from $685 and keeps an Overweight rating on the shares post the Q4 report. The firm says the company’s “encouraging” results and “confident” outlook ease concerns in a “noisy” operating environment.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MA:
- MasterCard price target raised to $678 from $665 at Morgan Stanley
- Mastercard: Capital One Renewal, Cross-Border Strength, and Value-Added Services Drive Reinforced Overweight Rating and Higher Target
- MasterCard price target raised to $739 from $710 at Goldman Sachs
- Mastercard: Market Overstates Risks as Durable Double‑Digit Growth and Innovation Upside Support a Buy Rating
- MasterCard price target raised to $668 from $660 at Wells Fargo
