MasterCard price target raised to $572 from $566 at Citi
The Fly

MasterCard price target raised to $572 from $566 at Citi

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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