Jefferies Maintains a 'Buy' on MasterCard (MA); Previewing Investor Day

Jefferies maintains a 'Buy' on MasterCard (NYSE: MA) price target of $507.00.

Analyst, Jason Kupferberg, said, "Buy-rated MA's annual investor day is on 9/20. We think the following topics are reasonable to expect: 1) mid-quarter update, 2) an update to long-term guidance (ie, extending though 2014), and 3) progress report on growth areas such as mobile, e-commerce, emerging geographies, SEPA, and EMV. We don't expect the meeting to be much of a catalyst for the stock."

For an analyst ratings summary and ratings history on MasterCard click here. For more ratings news on MasterCard click here.

Shares of MasterCard closed at $446.41 yesterday.

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