MasterCard (MA) PT Raised to $240 at Stephens
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Price: $494.41 +1.30%
Rating Summary:
42 Buy, 4 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 4 | Down: 8 | New: 54
Rating Summary:
42 Buy, 4 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 4 | Down: 8 | New: 54
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Stephens analyst Brett Huff raised the price target on MasterCard (NYSE: MA) to $240.00 (from $227.00) while maintaining a Overweight rating.
Stephens lowered net revenue estimates from $3,843.4 mil. to $3,791.6 mil. compared to the Street's $3,870 mil. Guidance is for 200bps below annual guide of low teens. EPS estimates were lowered from $1.71 to $1.68 vs. the Street's $1.67.
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