Keybanc Maintains Overweight on Mastercard, Lowers Price Target to $430
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Alex Markgraff has maintained an Overweight rating on Mastercard (NYSE:MA) but lowered the price target from $440 to $430.
October 27, 2023 | 8:30 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Mastercard's price target has been lowered by Keybanc from $440 to $430, though the Overweight rating is maintained.
The news is directly about Mastercard and is likely to influence investor sentiment. The lowering of the price target might be seen as a negative signal, but the maintenance of the Overweight rating indicates that the analyst still sees the stock as a good investment. The impact on the stock price in the short term is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100