Mizuho Maintains Buy on Mastercard, Lowers Price Target to $420
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Dan Dolev has maintained a 'Buy' rating on Mastercard (NYSE:MA) but lowered the price target from $435 to $420.
October 30, 2023 | 7:03 pm
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NEUTRAL IMPACT
Mastercard's price target has been lowered by Mizuho from $435 to $420, though the 'Buy' rating is maintained.
While the lowered price target might initially seem negative, the maintained 'Buy' rating indicates that Mizuho still sees potential in Mastercard. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100