Mizuho Securities Upgrades MasterCard (MA) to Buy

January 4, 2018 9:26 AM EST
Get Alerts MA Hot Sheet
Price: $378.17 +0.72%

Rating Summary:
    36 Buy, 6 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 37 | Down: 18 | New: 7
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Mizuho Securities upgraded MasterCard (NYSE: MA) from Neutral to Buy with a price target of $175.00 (from $145.00).

Analyst Thomas McCrohan comments "Improved economic conditions (including prospects for inflation) would benefit payment volumes and overall transactional activity, which increases our conviction in Mastercard generating high-teen EPS growth in FY18. We anticipate FY18 guidance to be low doubledigit net revenue growth, and implied high teens EPS growth inclusive of buybacks."

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 $153.82 yesterday.

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