tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

MasterCard price target raised to $660 from $635 at KeyBanc

KeyBanc raised the firm’s price target on MasterCard (MA) to $660 from $635 and keeps an Overweight rating on the shares. The firm notes Mastercard reported Q2 results ahead of the Street with revenue primarily driven by yields, and EPS helped by revenue upside, partially offset by slightly higher opex and higher tax rate, among other factors. KeyBanc also raised its revenue and EPS estimates higher, flowing through Q2 results and reflecting improved guide.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1