This Is What Whales Are Betting On Mastercard
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Mastercard (NYSE:MA), with 61% of recent trades being bearish. The targeted price range for Mastercard over the last 3 months is $335.0 to $420.0. The current price of MA is $400.91, up 0.72%. Goldman Sachs maintains a Buy rating on Mastercard with a price target of $452, while Baird, Morgan Stanley, and Susquehanna have downgraded their actions with price targets of $435, $440, and $433 respectively.
July 21, 2023 | 6:03 pm
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Bearish stance by a significant investor on Mastercard. Targeted price range is $335.0 to $420.0. Current price is $400.91, up 0.72%. Mixed ratings from Goldman Sachs, Baird, Morgan Stanley, and Susquehanna.
The bearish stance by a significant investor, along with the mixed ratings from various financial institutions, could potentially lead to a decrease in Mastercard's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100