JP Morgan Maintains Overweight on Mastercard, Lowers Price Target to $500
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tien-Tsin Huang maintains an Overweight rating on Mastercard (NYSE:MA) but lowers the price target from $510 to $500.
July 18, 2024 | 2:18 pm
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JP Morgan analyst Tien-Tsin Huang maintains an Overweight rating on Mastercard but lowers the price target from $510 to $500.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on Mastercard's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100