Goldman Sachs Maintains Buy on Mastercard, Raises Price Target to $482
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Matthew O'Neill has reaffirmed a Buy rating on Mastercard (NYSE:MA) and increased the price target from $433 to $482.
January 11, 2024 | 1:25 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Buy rating on Mastercard and raises the price target to $482, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Goldman Sachs typically signals a strong conviction in the company's future performance and can positively influence investor sentiment, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100