MasterCard (MA) PT Raised to $298 at Stephens Following 3Q
Tweet
Share
E-mail
Get Alerts MA Hot Sheet
Price: $484.09 -1.16%
Rating Summary:
42 Buy, 4 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 18 | Down: 12 | New: 24
Rating Summary:
42 Buy, 4 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 18 | Down: 12 | New: 24
Join SI Premium – FREE
Stephens analyst Brett Huff raised the price target on MasterCard (NYSE: MA) to $298.00 (from $293.00) while maintaining a Overweight rating following the company's 3Q earnings report. Huff continues to think the fundamentals of the card network market are very compelling and support a bullish view.
Stephens raised net revenue estimates from $4,345.7 mil. to $4,399.9 mil. vs. the Street's $4,397 mil. EPS estimate was lowered from $1.93 to $1.85 vs. the Street's $1.89.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Stifel Starts Victrex Plc. (VCT:LN) (VTXPF) at Buy
- HSBC Downgrades Hermes International (RMS:FP) (HESAY) to Hold
- Elisa Oyj (ELISA:FH) (ELMUF) PT Lowered to EUR40 at Barclays
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS Change, Analyst PT ChangeRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
