MasterCard price target raised to $625 from $550 at Argus

Argus raised the firm’s price target on MasterCard (MA) to $625 from $550 and keeps a Buy rating on the shares. The company’s Q4 earnings reflected continued healthy growth in spending volume, and higher spending included a further rebound in cross-border transactions as international travel increased, the analyst tells investors in a research note. Argus adds that it expects spending volume to continue to improve in almost all categories, though at a slower pace than in 2024.