Citi raised the firm’s price target on MasterCard (MA) to $572 from $566 and keeps a Buy rating on the shares. The company delivered a solid quarter and key spend metrics were healthy, the analyst tells investors in a research note. However, the firm says the good results were overshadowed by comments regarding a potential increase in tax rate.
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Read More on MA:
- MasterCard price target raised to $565 from $505 at Macquarie
- MasterCard price target raised to $532 from $496 at Mizuho
- MasterCard price target raised to $580 from $510 at Deutsche Bank
- MasterCard price target lowered to $580 from $593 at JPMorgan
- MasterCard price target raised to $605 from $540 at Susquehanna