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MasterCard price target raised to $591 from $575 at Piper Sandler
The Fly

MasterCard price target raised to $591 from $575 at Piper Sandler

Piper Sandler raised the firm’s price target on MasterCard (MA) to $591 from $575 and keeps an Overweight rating on the shares. The firm believes that the benefit of margin expansion/revenue acceleration by applying GenAI within the payment ecosystem is largely underappreciated. In its view, FinTechs will benefit from applying GenAI in their operations, and across their front-end organization.

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