Market Overview

Mastercard Downgraded By Vetr Crowd

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The Vetr community has downgrade Mastercard Inc. (NYSE:MA) from 3 to 2.5 stars.

Over the past three months, Mastercard has traded up 8 percent. The company beat on its first-quarter EPS estimate by 6 percent and first-quarter revenue estimate by 2 percent. The stock was recently initiated at a Neutral rating by Mizuho analysts.

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Vetr members have given Mastercard a Sell rating and a $118.39 price target. This price target fares higher than the $117.67 price target from analysts. Mastercard opened Monday around $122.20.

Of all Vetr raters, 60 percent believe traders and investors should sell Mastercard stock.

For Vetr’s full analysis of Mastercard, go here.

Posted-In: VetrDowngrades Crowdsourcing Analyst Ratings General

 

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