MasterCard price target raised to $713 from $665 at Goldman Sachs

Goldman Sachs raised the firm’s price target on MasterCard (MA) to $713 from $665 and keeps a Buy rating on the shares. The company’s results were solid, and shares outperformed on relatively consistent spending dynamics and stronger than expected value added services growth, the analyst tells investors in a research note. Overall, MasterCard results were fairly clean, with the only notable difference being domestic assessment yields, which were lower than expected, the firm added.