HSBC Initiates Coverage On Mastercard with Hold Rating, Announces Price Target of $424
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Saul Martinez has initiated coverage on Mastercard (NYSE:MA) with a Hold rating and a price target of $424.
October 13, 2023 | 10:40 am
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Mastercard has been initiated with a Hold rating by HSBC, with a price target of $424.
The Hold rating from HSBC indicates that the analyst believes Mastercard's stock is fairly valued at current levels. The price target of $424 suggests that the analyst sees limited upside potential in the short term. This could lead to a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100