Jefferies Maintains Buy on Mastercard, Raises Price Target to $480
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Trevor Williams has maintained a Buy rating on Mastercard (NYSE:MA) and increased the price target from $425 to $480. This adjustment reflects a positive outlook on Mastercard's future performance.
December 12, 2023 | 3:47 pm
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POSITIVE IMPACT
Jefferies analyst Trevor Williams reaffirms a Buy rating on Mastercard and raises the price target to $480, indicating a bullish outlook on the stock.
The increase in price target by Jefferies suggests a strong conviction in Mastercard's growth prospects and financial performance. This is likely to be viewed positively by investors and could lead to a short-term increase in the stock price as market sentiment aligns with the analyst's upgraded outlook.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100