Mastercard Incorporated Reports Fourth-Quarter and Full-Year 2016 Financial Results

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MasterCard (MA) PT Lowered to $124 at Barclays; 2017 Set-Up Well

February 1, 2017 8:31 AM EST

Barclays lowered its price target on MasterCard (NYSE: MA) to $124.00 (from $125.00) while maintaining a Overweight rating, saying the Q4 revenue miss was offset by expenses. They said 2017 is set up well versus guidance.

Analyst Darrin Peller commented, "Bottom-line results were in line with expectations as... More