Keybanc Maintains Overweight on Mastercard, Raises Price Target to $475
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Alex Markgraff has maintained an Overweight rating on Mastercard (NYSE:MA) and increased the price target from $430 to $475, indicating a positive outlook on the company's stock.
January 08, 2024 | 9:37 am
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Keybanc analyst Alex Markgraff has reaffirmed an Overweight rating on Mastercard and raised the price target to $475, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's growth prospects and financial health, which can positively influence investor sentiment and potentially drive the stock price up in the short term.
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