Mastercard Installments Gains Traction with New Global Partners and Support for Small Businesses
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Qtrex Quantum executives plan to buy up to 2M shares over 12 months
MasterCard (MA) PT Raised to $410 at Jefferies
July 29, 2022 8:17 AM EDTJefferies analyst Trevor Williams raised the price target on MasterCard (NYSE: MA) to $410.00 (from $400.00) while maintaining a Buy rating following results.
The analyst commented, "Key Takeaway Impressively straightforward 2Q, w/ an across-the-board rev beat on cross-border travel, faster int'l volume growth, strength... More
Analysts Positive On MasterCard (MA) Despite Earnings, Revenue Miss
July 28, 2022 1:08 PM EDTMasterCard (NYSE: MA) shares are down Thursday after it reported second-quarter earnings before the bell, missing analyst expectations.
MasterCard posted earnings of $2.34 per share, $0.01 worse than the analyst estimate of $2.35, and revenue of $5.5 billion versus the consensus estimate of $5.26 billion.
Following the report, analysts at Evercore ISI, RBC capital, JPMorgan, and Goldman Sachs provided commentary in notes to clients:
Evercore ISI maintained an Outperform rating and $430 price target on the stock, telling investors that MasterCard's revenue and earnings substantially exceeded their forecast. "Cross-border volume rose 58% on a local currency... More
