1 Wall Street Analyst Thinks Mastercard Stock Is Going to $567. Is It a Buy? [Yahoo! Finance]
Mastercard Incorporated (MA)
Last mastercard incorporated earnings: 4/29 08:00 am
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US:NYSE Investor Relations:
investor.mastercard.com/investor-relations/default.aspx
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Source: Yahoo! Finance
to reason: On Oct. 31, the company delivered a third-quarter earnings report showing solid growth and a double beat on analysts' estimates. Speaking of Mastercard analysts, one Wall Street pro who covers the sturdy financial company recently upped his price target on the stock. Is his burst of fresh optimism justified? Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » On Friday, TD Cowen's Bryan Bergin slapped a new 12-month price target on Mastercard of $567 per share, well up from his previous assessment of $533 per share. He kept his buy recommendation on it intact. That adjustment came just after Mastercard's annual investor day. According to his note, Bergin felt that the event confirmed the company's solid and sustainable growth prospects, which he feels will be reflected in double-digit percentage growth in key fundamentals from now through 2027. He also praised the variety of ways the company has found to draw r
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MA
Earnings
- 11/1/24 - Beat
MA
Sec Filings
- 11/13/24 - Form 8-K
- 11/12/24 - Form 144
- 11/4/24 - Form 4
- MA's page on the SEC website