Mastercard allays spending concerns with profit beat
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August 1, 2024 6:27 AM EDT
RBC Capital analyst Daniel Perlin raised the price target on MasterCard (NYSE: MA) to $526.00 (from $500.00) while maintaining a Outperform rating.
The analyst comments "MAs 2Q24 print & guide once again illustrates the power & durability of its business model. Key points from the quarter... More
August 1, 2024 5:06 AM EDT
Mizuho analyst Dan Dolev raised the price target on MasterCard (NYSE: MA) to $496.00 (from $478.00) while maintaining a Outperform rating.
The analyst comments "With card penetration encroaching on 90% in the US, the #1 debate is: how long can the card networks grow US... More
August 1, 2024 4:55 AM EDT
Citi analyst Ashwin Shirvaikar raised the price target on MasterCard (NYSE: MA) to $538.00 (from $528.00) while maintaining a Buy rating.
The analyst comments "We update our Mastercard model following 2Q24 earnings see our initial take on results. Our forward estimates change very little, but the... More
July 31, 2024 4:22 PM EDT
BMO Capital analyst Rufus Hone raised the price target on MasterCard (NYSE: MA) to $520.00 (from $510.00) while maintaining a Outperform rating.
The analyst comments "Following Visa's slightly softer-than-expected results, investors had concerns around MA's revenue trajectory. However, MA demonstrated another solid quarter of doubledigit... More
