MasterCard price target raised to $670 from $605 at Susquehanna

Susquehanna raised the firm’s price target on MasterCard (MA) to $670 from $605 and keeps a Positive rating on the shares. The firm said 4Q network revenue strength was driven by healthy consumer spending and the continued boarding of new deals and renewals. At the same time, Value Added Services such as Consulting, Marketing Services, Security, and Fraud Protection now comprise 41.1% of revenues.