MasterCard (MA) PT Raised to $200 at Wedbush
Wedbush raised its price target on MasterCard (NYSE: MA) to $200.00 (from $170.00) while maintaining an Outperform rating following results.
Analyst Moshe Katri commented, "Maintain OUTPERFORM rating post strong Q4/CY18 results, guidance raise, as we believe multiple secular tailwinds; including FAST ACH and B2B will likely help drive/sustain growth rates. Management pointed to a healthy global economic environment (strong retail sales in The US/UK; progress in Credit growth; share gains in Europe and LatAM and pending RFPs related to FAST ACH (Vocalink)."