MasterCard (MA) Tops Q1 EPS by 9c

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MasterCard (MA) PT Lifted to $104 at Piper Jaffray

April 30, 2015 6:44 AM EDT

Piper Jaffray analyst Jason Deleeuw reiterated an Overweight rating and boosted his price target on MasterCard (NYSE: MA) to $104.00 (from $102.00) noting FX impacts but strong local currency trends.

Deleeuw commented, "MA reported strong 1Q local currency trends, reflecting the underlying secular strength of its... More