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Fly News Breaks for September 16, 2015
MA
Sep 16, 2015 | 08:11 EDT
After MasterCard provided three year guidance that Bernstein views as "mildly disappointing," the firm expects the company's compound annual growth rate to exceed its guidance by six percentage points. The firm says the discrepancy is driven by its belief that the company's volumes growth will accelerate. It keeps a $108 price target and Outperform rating on the shares.
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