BMO Capital Assumes Mastercard at Outperform, Announces Price Target of $475
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Rufus Hone has initiated coverage on Mastercard (NYSE:MA) with an Outperform rating and set a price target of $475.
December 05, 2023 | 5:19 pm
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BMO Capital analyst Rufus Hone has assumed coverage on Mastercard with an Outperform rating and a price target of $475.
The initiation of coverage by BMO Capital with an Outperform rating and a high price target is a strong positive endorsement for Mastercard. This is likely to be viewed favorably by investors and could lead to a short-term increase in the stock price as market sentiment is influenced by analyst ratings and price targets.
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IMPORTANCE 90
RELEVANCE 100