Barclays Maintains Overweight on Mastercard, Raises Price Target to $576
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ramsey El-Assal maintains an Overweight rating on Mastercard and raises the price target from $536 to $576.
October 10, 2024 | 2:29 pm
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POSITIVE IMPACT
Barclays has reaffirmed its Overweight rating on Mastercard and increased the price target from $536 to $576, indicating a positive outlook on the stock.
The increase in price target from $536 to $576 by Barclays suggests a positive outlook for Mastercard's stock. The reaffirmation of the Overweight rating indicates confidence in the company's performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100