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MasterCard price target raised to $605 from $540 at Susquehanna

Susquehanna analyst James Friedman raised the firm’s price target on MasterCard (MA) to $605 from $540 and keeps a Positive rating on the shares. The firm said results were nicely above estimates, with the first 4 weeks of October seeming to maintain that momentum while the big story in value-added services and solutions continued to be strong.

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