This Is What Whales Are Betting On Mastercard
Portfolio Pulse from Benzinga Insights
A large bearish position has been taken on Mastercard (NYSE:MA), with 60% of big-money traders showing bearish sentiment. The price target for Mastercard over the last 3 months has been between $390.0 to $500.0. JP Morgan, Mizuho, and Jefferies have maintained their ratings on Mastercard with price targets of $510, $435, and $475 respectively.
September 20, 2023 | 5:17 pm
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A large bearish position has been taken on Mastercard, indicating potential downward pressure on the stock. However, analyst ratings from JP Morgan, Mizuho, and Jefferies suggest a positive outlook.
The large bearish position taken on Mastercard indicates that some investors expect the stock to decline. However, the positive ratings from JP Morgan, Mizuho, and Jefferies suggest that these analysts believe the stock has potential for growth. The discrepancy between these views could lead to volatility in the stock's price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100