Goldman Sachs analyst has increased the price target for Mastercard Inc (NYSE:MA) from $433 to $482 while maintaining a Buy rating. Despite a mixed outlook for credit card spending and expected deceleration in card volume growth, the analyst predicts consistent spending trends in 2024 similar to H2 FY23. Uncertainty remains around average ticket sizes, which have declined despite inflation. U.S. volume growth is projected at ~8% for 2024, with intermediate-term growth estimated between 6%-8% domestically and ~8%-10% globally. The analyst anticipates Mastercard to guide to high teens EPS growth for 2024, with an EPS estimate range of $14.14-$14.20, compared to a consensus of $14.23 for FY24. Mastercard shares were trading slightly lower at the time of the report.