Swipe right on Mastercard: Analysts swipe price targets up after…

Swipe right on Mastercard: Analysts swipe price targets up after…

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  • Several analysts increases the target price from Mastercard Inc MA the following Reporting a strong Q1 earnings hit.
  • BMO capital increased its price target to $442 from $441 with an Outperform rating.
  • Analyst James Fotheringham increased core EPS estimates by 1% to $12.26 in 2023, by 1% to $14.98 in 2024 and by 2% to $18.17 in 2025 due to higher than previously expected VAS earnings.
  • RBC capital raised its price target to $404 from $392 when it was outperform.
  • Analyst Daniel R. Perlin raised 2023 revenue estimate to $25.18 billion and adjusted EPS estimate to $12.25 and 2024 revenue estimate to $28.65 billion and adjusted EPS to 14 $.55 to.
  • CreditSuisse increased its price target to $400 from $390 on Outperform. The analyst raised the EPS estimate to $12.35 for 2023 and $14.72 for 2024.
  • Raymond James Raised price target to $453 from $450 on outperform rating.
  • MorganStanley raised the price target to $440 from $438 and maintained an overweight position.
  • CitiGroup raised the target price to $440 from $435 and reiterated the buy rating.
  • Baird raised the target price to $435 from $410 and kept the outperform rating.
  • price action: MA shares trade up 1.66% at $379.97 on the latest check Friday.



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