B of A Securities Maintains Neutral on Mastercard, Raises Price Target to $509
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on Mastercard while raising its price target from $480 to $509.

September 17, 2024 | 5:20 pm
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POSITIVE IMPACT
B of A Securities has maintained a Neutral rating on Mastercard, indicating no strong buy or sell recommendation, but has raised the price target from $480 to $509, suggesting a positive outlook on its valuation.
The increase in price target from $480 to $509 by B of A Securities suggests a positive outlook on Mastercard's valuation, which could lead to a short-term positive impact on its stock price. However, the Neutral rating indicates no strong buy or sell recommendation, which tempers the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100