Market Overview

Mastercard's Decline Has Unlocked Room For Upside: Vetr

Share:

Shares of Mastercard Inc (NYSE: MA) fell 2.7 percent this week. The Vetr crowd seems to believe this has unlocked some room for upside, as evidenced by its average price target of $108.31, which implies a potential return of almost 4 percent from current valuations.

Related Link: Here's How Crowdsourced Ratings Can Beat The Market

Seeking to better reflect the aforementioned upside potential, the Vetr community upgraded its rating on shares of Mastercard on Thursday, from 3.0 Stars (Hold) to 3.5 Stars (Buy) – out of a possible 5 Stars rating.

It should be noted that, in accordance with the current score and price target, 60 percent of the crowd’s ratings are bullish right now.

Latest Ratings for MA

DateFirmActionFromTo
May 2019MaintainsOverweightOverweight
May 2019MaintainsBuyBuy
May 2019MaintainsBuyBuy

View More Analyst Ratings for MA
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Posted-In: VetrUpgrades Price Target Crowdsourcing Analyst Ratings General

 

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