Deutsche Bank Has Buy Rating On Mastercard (MA)

Deutsche Bank has a Buy rating and a $330 price target on shares of Mastercard MA. In a note to investors, Deutsche Bank writes, "It was around this time last year when the market was shocked by the initial passage of the Durbin amendment to Dodd-Frank. We are now ~60 days away from the required implementation, and as we expect the next 2mos to be eventful with efforts to delay the legislation ongoing and the Fed's final rules due, we thought it would be useful to outline for investors what to expect and what may or may not be priced into the stocks at this point. At the very least perhaps we can help the market avoid being completely caught off guard again." Shares of MA lost 85 cents yesterday to close at $279.15, a loss of 0.3%.