Reported 2 days ago
Truist has lowered its price target for Mastercard Incorporated (NYSE:MA) from $640 to $612 while maintaining a 'Buy' rating ahead of the company's Q2 earnings report. Despite the fintech sector's lackluster performance compared to the broader market, analysts remain optimistic about future growth, especially concerning the impact of stablecoins and cryptocurrencies on payment systems.
Source: YAHOO