Mastercard Advances Cross-Border Capabilities with Acquisition of Transfast

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MasterCard (MA) PT Raised to $240 at Stephens

March 12, 2019 7:27 AM EDT

Stephens analyst Brett Huff raised the price target on MasterCard (NYSE: MA) to $240.00 (from $227.00) while maintaining a Overweight rating.

Stephens lowered net revenue estimates from $3,843.4 mil. to $3,791.6 mil. compared to the Street's $3,870 mil. Guidance is for 200bps below annual guide of low teens. EPS... More