Morgan Stanley Reiterates Overweight on Mastercard, Maintains $440 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst James Faucette has reiterated an Overweight rating on Mastercard (NYSE:MA) and maintained a price target of $440.
July 19, 2023 | 3:06 pm
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Morgan Stanley has reiterated an Overweight rating on Mastercard and maintained a price target of $440.
The reiteration of an Overweight rating by Morgan Stanley indicates a positive outlook for Mastercard. The maintained price target of $440 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100