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Fly News Breaks for June 13, 2019
MA
Jun 13, 2019 | 07:39 EDT
Wedbush analyst Moshe Katri raised his price target for MasterCard to $287 from $261 as he expects results to benefit from "strong secular growth tailwinds," as well as from accelerated, ongoing monetization efforts. The analyst estimates that MasterCard generates roughly 15% of revenues from non-transaction processing, services, and expects the mix to expand further as some of the new growth area gain scale/traction. Katri reiterates an Outperform rating on the shares.
News For MA From the Last 2 Days
MA
Apr 18, 2024 | 06:47 EDT
Baird analyst David Koning raised the firm's price target on MasterCard to $545 from $525 and keeps an Outperform rating on the shares. The firm thinks Q1 revenue/EPS beat mildly and guidance will be mildly raised. They like the stock over the course of 2024 as a steady grinder.
