Mastercard posts record profit on higher global spending

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Go back to Mastercard posts record profit on higher global spending

MasterCard (MA) PT Raised to $164 at Nomura/Instinet

November 1, 2017 8:58 AM EDT

Nomura/Instinet raised its price target on MasterCard (NYSE: MA) to $164.00 (from $163.00) while maintaining a Buy rating following a solid beat.

Analyst Bill Carcache notes shares traded down despite the beat on concerns over MAs updated disclosures surrounding the potential for fines relating to European interregional interchange fees.

... More

MasterCard (MA) PT Raised to $164 at Piper Jaffray

November 1, 2017 8:23 AM EDT

Piper Jaffray raised its price target on MasterCard (NYSE: MA) to $164.00 (from $161.00) while maintaining a Overweight rating after the company beat consensus revenue estimates by 3.5% and posted adjusted EPS of $1.34 vs. consensus of $1.23.

Analyst Jason Deleeuw noted strong currency neutral revenue growth of 17% (18%... More