MasterCard (MA) PT Raised to $200 at Wedbush
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Price: $570.89 -1.44%
Rating Summary:
43 Buy, 4 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 3 | Down: 0 | New: 9
Rating Summary:
43 Buy, 4 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 3 | Down: 0 | New: 9
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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)."
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