Evercore ISI Group Maintains Outperform on Mastercard, Lowers Price Target to $525
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst David Togut maintains an Outperform rating on Mastercard (NYSE:MA) but lowers the price target from $540 to $525.
June 25, 2024 | 4:02 pm
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Evercore ISI Group analyst David Togut maintains an Outperform rating on Mastercard but lowers the price target from $540 to $525.
The Outperform rating suggests continued confidence in Mastercard's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100