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In a report published Friday, Jefferies analyst Jason Kupferberg reiterated a Buy rating on
MasterCardMA, and raised the price target from $623.00 to $683.00.
In the report, Jefferies noted, “On balance, the leading indicators we track for Buy-rated V/MA trended positively for C2Q, which should bode well for both networks to deliver a solid print. That said, the stocks have had big runs and therefore the quarter may not be too much of a catalyst. We raise our estimates and price targets for V and MA, and maintain our modest preference for V.”
MasterCard closed on Thursday at $596.92.
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date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
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Posted In: Analyst ColorPrice TargetAnalyst RatingsData Processing & Outsourced ServicesInformation TechnologyJason KupferbergJefferies
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