FBR Capital Reiterates an 'Outperform' on MasterCard (MA); Transaction Growth and Operating Margin Drive EPS Beat
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Price: $569.29 +0.40%
Rating Summary:
43 Buy, 4 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
43 Buy, 4 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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FBR Capital reiterates an 'Outperform' on MasterCard (NYSE: MA), PT increased from $290 to $330.
FBR analyst says, "We believe MasterCard Inc. is well positioned to continue to capture the secular growth in transaction volumes as cash payments transition to plastic and as mobile payments and e-commerce become a more meaningful medium for purchase transactions. Although mobile payment volumes are immaterial near term, we believe MasterCard will benefit in the future from its joint ventures in developing both e-commerce and mobile payment systems both domestically and abroad."
For more ratings news on MasterCard click here and for the rating history of MasterCard click here.
Shares of MasterCard closed at $282.38 yesterday.
FBR analyst says, "We believe MasterCard Inc. is well positioned to continue to capture the secular growth in transaction volumes as cash payments transition to plastic and as mobile payments and e-commerce become a more meaningful medium for purchase transactions. Although mobile payment volumes are immaterial near term, we believe MasterCard will benefit in the future from its joint ventures in developing both e-commerce and mobile payment systems both domestically and abroad."
For more ratings news on MasterCard click here and for the rating history of MasterCard click here.
Shares of MasterCard closed at $282.38 yesterday.
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