Oppenheimer Increases Price Target on Mastercard (MA)

Oppenheimer Increases Price Target on Mastercard (MA)


Oppenheimer reported on Friday that they have raised their price target for payment services company, Mastercard Inc(MA) .

The firm, which currently has a “Outperform” rating on MA has increased their price target to $575. This price target suggests a 10% increase from the stock’s current price of $518.02.

Analysts have increased the company’s price target based on solid fundamentals.

Mastercard shares were down -$4.47, or -0.85% during Friday morning trading. The stock has increased 47% in the past year.

The Bottom Line
Shares of Mastercard (MA) have a .23% dividend yield, based on last night’s closing stock price of $523.35. The stock has technical support in the $500-$511 price area. The shares are trading near all-time highs.

Mastercard Inc(MA) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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