MasterCard price target raised to $452 from $395 at JPMorgan

JPMorgan analyst Tien-tsin Huang raised the firm’s price target on MasterCard to $452 from $395 and keeps an Overweight rating on the shares following the Q4 beat. Management’s tone was "quite upbeat," highlighting a resilient consumer and some new wins and renewals, notably Citizen’s debit business, the analyst tells investors in a research note. The firm continues to like the shares.