Wedbush is out with its report today on Mastercard MA, raising its PT from $258 to $280.
In a note to clients, Wedbush writes, "Increasing price target to $280 from $258 and maintain NEUTRAL rating. Our target represents a 14x multiple on our EPS estimate, a 15% discount to our long-term growth estimate based on the excess legal liability versus V V.
At the time of posting, shares of MA were trading pre-market at $307.57, down 0.69% from Wednesday's close.
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Posted In: Analyst ColorPrice TargetAnalyst RatingsData Processing & Outsourced ServicesInformation TechnologymastercardWedbush
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