Oppenheimer Lifts Numbers On MasterCard (MA) After Strong Q3
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Price: $454.70 -1.19%
Rating Summary:
38 Buy, 5 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 17 | Down: 14 | New: 17
Rating Summary:
38 Buy, 5 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 17 | Down: 14 | New: 17
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Oppenheimer raised estimates and its price target on Outperform-rated MasterCard (NYSE: MA) from $364 to $400 following strong Q3 results. The firm maintained their Outperform rating.
FY11 EPS goes from $17.89 to $18.66 and 2012 from $21.31 to $22.
"We continue to believe that MA is well positioned to grow EPS at a high-teens+ rate over the next few years", the firm said.
For more ratings news on MasterCard click here and for the rating history of MasterCard click here.
Shares of MasterCard closed at $357.66 yesterday.
FY11 EPS goes from $17.89 to $18.66 and 2012 from $21.31 to $22.
"We continue to believe that MA is well positioned to grow EPS at a high-teens+ rate over the next few years", the firm said.
For more ratings news on MasterCard click here and for the rating history of MasterCard click here.
Shares of MasterCard closed at $357.66 yesterday.
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