Truist Increases Mastercard's Price Target to $623

Reported about 11 hours ago

Truist has raised its price target for Mastercard Incorporated (NYSE:MA) to $623 from $612 while maintaining a Buy rating on the stock. The firm is optimistic about Mastercard's strong fiscal Q2 earnings, reflecting a 17% revenue growth to $8.1 billion. Additionally, they have updated their FY26 EPS estimate to $19.23, showcasing confidence in the company's performance and growth prospects.

Source: YAHOO

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