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Fly News Breaks for January 20, 2017
MA
Jan 20, 2017 | 09:11 EDT
As noted earlier, Wedbush upgraded MasterCard to Outperform from Neutral. Analyst Moshe Katri believes that the company has an " attractive business model, growth prospects, and outlook for increasing shareholder returns." He thinks that the company has many "growth/scale catalysts," including the growth of electronic payments, mobile payments, and new revenue opportunities in Europe. Target to $126 from $99.
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