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MasterCard price target raised to $655 from $635 at Freedom Capital

Freedom Capital analyst Mikhail Paramonov raised the firm’s price target on MasterCard (MA) to $655 from $635 and keeps a Hold rating on the shares. The firm cites the company’s “strong” Q4 results for the target increase. Mastercard continues to post higher growth rates than Visa (V) despite its smaller scale, the analyst tells investors in a research note.

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