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Fly News Breaks for July 11, 2019
MA
Jul 11, 2019 | 07:03 EDT
Deutsche Bank analyst Bryan Keane raised his price target for MasterCard to $330 from $267 and keeps a Buy rating on the shares. Although the payment networks have a long runway to benefit from the secular growth of card-based transactions, the expanding market share opportunity into new account-to-account payment flows and non-interchange based revenue models are being underappreciated, Keane tells investors in a research note.
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