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Wall Street Analysts Are Bullish on Top Financial Picks

Tipranks - Tue Apr 28, 7:08AM CDT

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Mastercard (MA) and First Citizens BancShares (FCNCA) with bullish sentiments.

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Mastercard (MA)

In a report released today, Andrew Bauch from BMO Capital initiated coverage with a Buy rating on Mastercard and a price target of $605.00. The company’s shares closed last Friday at $504.17.

According to TipRanks.com, Bauch is ranked #10621 out of 12209 analysts.

Currently, the analyst consensus on Mastercard is a Strong Buy with an average price target of $645.53, representing a 29.4% upside. In a report issued on April 15, Wells Fargo also maintained a Buy rating on the stock with a $668.00 price target.

See the top stocks recommended by analysts >>

First Citizens BancShares (FCNCA)

TD Cowen analyst Steven Alexopoulos maintained a Buy rating on First Citizens BancShares on April 24 and set a price target of $2300.00. The company’s shares closed last Friday at $1931.94.

According to TipRanks.com, Alexopoulos is a 4-star analyst with an average return of 2.7% and a 56.6% success rate. Alexopoulos covers the Financial sector, focusing on stocks such as Huntington Bancshares, Cullen/Frost Bankers, and Fifth Third Bancorp. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for First Citizens BancShares with a $2232.14 average price target, implying a 14.0% upside from current levels. In a report issued on April 23, TipRanks – PerPlexity also upgraded the stock to Buy with a $2342.00 price target.

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