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.
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:
- Visa (V) and Mastercard Report 4% Rise in U.S. Holiday Spending
- Crypto Currents: Wall Street quietly embraces Ethereum plumbing
- Wall Street Has Quietly Integrated Ethereum as its Primary Settlement Engine. Here’s Why.
- MasterCard reports U.S. holiday retail sales increased 3.9%
- Fiserv, MasterCard partner to advance agentic commerce for merchants