Wells Fargo Maintains Overweight on Mastercard, Raises Price Target to $530
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Donald Fandetti maintains an Overweight rating on Mastercard (NYSE:MA) and raises the price target from $490 to $530.
March 06, 2024 | 3:13 pm
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Wells Fargo analyst Donald Fandetti maintains an Overweight rating on Mastercard and raises the price target from $490 to $530.
The increase in price target by a reputable analyst like Donald Fandetti suggests a positive outlook on Mastercard's stock, potentially leading to an increase in investor confidence and a short-term rise in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100