MasterCard price target raised to $565 from $550 at BMO Capital

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https://www.tipranks.com/news/the-fly/mastercard-price-target-raised-to-565-from-550-at-bmo-capital

BMO Capital analyst Rufus Hone raised the firm’s price target on MasterCard (MA) to $565 from $550 and keeps an Outperform rating on the shares. The company has outlined 2025-2027 financial targets and addressed investor concerns around the remaining runway in consumer payments and Mastercard’s ability to accelerate secular shift in commercial payments/new flows, the analyst tells investors in a research note. MasterCard’s financial targets also look “conservative”, and the firm believes they imply a 2-3 point deceleration in payment network revenue growth by 2027, BMO added.

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