Analyst Round-Up: MasterCard (MA)

A number of analyst firms are out with bullish research notes on MasterCard (NYSE: MA) today. Following yesterday's raised revenue outlook from MasterCard, it seems most firms are increasing their earnings estimates on the company, effectively raising price targets as well.

• Wachovia ups PT from $229.50 to $282, maintains Market Perform
  
• Avondale Partners ups PT from $192 to $315, maintains Market Perform
  
• KeyBanc ups PT from $325 to $350, maintains Buy
  
• Keefe Bruyette ups PT from $320 to $363, maintains Outperform
  
• Credit Suisse ups PT from $250 to $285, maintains Neutral
  
• Lehman Brothers ups PT from $300 to $335, maintains Overweight/Neutral
  
• Deutsche Bank ups PT from $340 to $350, maintains Buy

MasterCard Incorporated, together with its subsidiaries, provides transaction processing and related services to customers principally in support of their credit, deposit access, electronic cash and automated teller machine payment card programs, and travelers cheque programs.

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