JP Morgan Maintains Overweight on Mastercard, Raises Price Target to $520
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tien-Tsin Huang maintains an Overweight rating on Mastercard (NYSE:MA) and raises the price target from $504 to $520.

April 15, 2024 | 5:47 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
JP Morgan analyst Tien-Tsin Huang maintains an Overweight rating on Mastercard and raises the price target from $504 to $520.
The increase in the price target by a reputable analyst like Tien-Tsin Huang from JP Morgan is a strong positive signal for Mastercard. It suggests confidence in the company's future performance and growth prospects, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100