Barclays Maintains Overweight on Mastercard, Lowers Price Target to $470
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Overweight rating on Mastercard (NYSE:MA) but lowers the price target from $479 to $470.
October 30, 2023 | 1:47 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Barclays maintains an Overweight rating on Mastercard but lowers the price target from $479 to $470. This could potentially impact the stock's performance.
While the Overweight rating indicates that Barclays expects Mastercard to outperform the market, the reduction in price target could potentially create a negative sentiment among investors, impacting the stock's performance in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100