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JP Morgan Maintains Overweight Rating On MasterCard Incorporated (MA)

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Analysts Tien-tsin Huang and Reginald L. Smith at JP Morgan have released an update on MasterCard Incorporated (NYSE: MA). Today morning, the company formally named current President and COO, Ajay Banga, as CEO effective July 1, 2010.

Analysts beleive that Banga’s background and philosophy seem very well suited for MasterCard and its natural development as a global payments organization. According to analysts, the appointment does not come as a surprise. Analysts have maintained their Overweight rating for MasterCard Incorporated.

Posted-In: JP Morgan Reginald L. Smith Tien-tsin HuangAnalyst Color News Management Markets Analyst Ratings

 

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