RBC Capital Maintains Outperform on Mastercard, Lowers Price Target to $432
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Daniel Perlin has maintained an 'Outperform' rating on Mastercard (NYSE:MA) but lowered the price target from $441 to $432.

October 27, 2023 | 3:20 pm
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NEUTRAL IMPACT
Mastercard's price target has been lowered from $441 to $432 by RBC Capital, though the 'Outperform' rating is maintained.
The news of a lowered price target could potentially have a negative impact on Mastercard's stock price in the short term. However, the maintained 'Outperform' rating indicates that the analyst still sees potential for the stock to outperform the market, which could offset any negative sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100