Macquarie Maintains Outperform on Mastercard, Raises Price Target to $565
Portfolio Pulse from Benzinga Newsdesk
Macquarie analyst Paul Golding maintains an Outperform rating on Mastercard and raises the price target from $505 to $565.
November 01, 2024 | 8:07 pm
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Macquarie analyst Paul Golding has maintained an Outperform rating on Mastercard and increased the price target from $505 to $565, indicating a positive outlook for the stock.
The increase in the price target from $505 to $565 by Macquarie suggests a strong positive outlook for Mastercard. The Outperform rating indicates that the analyst expects the stock to perform better than the market average, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100