KeyBanc analyst Josh Beck raised the firm’s price target on MasterCard (MA) to $430 from $425 and keeps an Overweight rating on the shares given potentially better than feared Q1 results. Visa (V) and MasterCard remain the firm’s key ideas within the processor group as it sees them bolting on meaningful new growth vectors tied to new flows like B2B and P2P.
Published first on TheFly
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