On Nov 02, major Wall Street analysts update their ratings for $MasterCard (MA.US)$, with price targets ranging from $532 to $605.
J.P. Morgan analyst Tien Tsin Huang maintains with a buy rating, and sets the target price at $580.
BofA Securities analyst Jason Kupferberg maintains with a hold rating, and adjusts the target price from $509 to $532.
Barclays analyst Ramsey El Assal maintains with a buy rating, and maintains the target price at $576.
UBS analyst Timothy Chiodo maintains with a buy rating, and adjusts the target price from $540 to $590.
Deutsche Bank analyst Bryan Keane maintains with a buy rating, and adjusts the target price from $510 to $580.
Furthermore, according to the comprehensive report, the opinions of $MasterCard (MA.US)$'s main analysts recently are as follows:
MasterCard is experiencing positive momentum as it approaches its analyst day, according to a recent report.
MasterCard's recent earnings were shadowed by concerns over a potential tax rate increase in 2025, despite an 'otherwise clean quarter' which showcased accelerating revenues. The company is also experiencing beneficial pricing dynamics that are leading to year-over-year yield improvements.
MasterCard reported Q3 results that surpassed revenue expectations and continues to anticipate growth for the full year. Early Q4 data appears promising, with the U.S. business experiencing some advantageous timing impacts. The company's international exposure to higher-growth markets is a considerable advantage, and its performance is notable even compared to domestic peers.
The assessment of MasterCard's growth potential in the U.S. is closely tied to its share of growth in personal consumption expenditure. Despite the ongoing downward trend in their acquisition of additional consumer spending, which neither Visa nor MasterCard have been able to reverse in Q3, the preference leans towards MasterCard.
MasterCard's Q3 outcomes surpassed expectations, primarily driven by robust payment network revenues. The company's revenue benefitted from strong consumer activity, and a supportive macroeconomic backdrop contributed positively. MasterCard's performance and insights into macroeconomic conditions provide an encouraging contrast to the softening trends reported by its peers.
Here are the latest investment ratings and price targets for $MasterCard (MA.US)$ from 11 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
