Barclays Reiterates an 'Overweight' on MasterCard (MA); Metrics Provide Increased Confidence Into Q2

Barclays reiterates an 'Overweight' on MasterCard (NYSE: MA) price target of $480.00.

Analyst, Darrin D. Peller, said, "While MA intra-quarter volume and transaction growth metrics through the month of May demonstrated continued resilience in many of the company's key underlying growth drivers, recent data points from U.S. card issuers and merchant acquirers provide us with further confidence in our 2Q12 estimates."

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 $423.15 yesterday.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• MasterCard (MA) PT Raised to $545 at Baird, 'like the stock over the course of 2024'
• Roth/MKM Upgrades Albertsons Companies Inc. (ACI) to Buy, 'Fundamental Floor and Improved Deal Likelihood'
• Dominion Resources, Inc. (D) PT Raised to $43 at BofA Securities