Reported 23 days ago
Barclays has reiterated its 'Overweight' rating for Mastercard Incorporated (NYSE:MA), setting a target price of $650, despite concerns that stablecoins could disrupt the payments landscape. Analysts at Barclays deem the fears exaggerated and recognize the potential of stablecoin technology but question its immediate impact on retail payments. They recommend investors take advantage of any stock weakness related to these stablecoin concerns.
Source: YAHOO