Jefferies analyst Trevor Williams raised the firm’s price target on MasterCard (MA) to $610 from $590 and keeps a Buy rating on the shares. Based on the firm’s view of underlying drivers in FY25, the firm estimates no incremental pricing would be needed in 2025 for MasterCard to hit 12% organic transaction processing fees growth, and only 50 points of incremental pricing would be needed to reach 13% growth, the analyst tells investors.
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