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Bank of America Securities Keeps Their Buy Rating on Mastercard (MA)

Tipranks - Tipranks - Sat Apr 11, 1:14PM CDT

In a report released yesterday, Matthew O’Neill from Bank of America Securities maintained a Buy rating on Mastercard, with a price target of $700.00.

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According to TipRanks, O’Neill is a 3-star analyst with an average return of 9.4% and a 51.85% success rate.

In addition to Bank of America Securities, Mastercard also received a Buy from Morgan Stanley’s James Faucette in a report issued on April 8. However, on April 7, TipRanks – xAI reiterated a Hold rating on Mastercard (NYSE: MA).

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Based on Mastercard’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $8.81 billion and a net profit of $4.06 billion. In comparison, last year the company earned a revenue of $7.49 billion and had a net profit of $3.34 billion

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