Susquehanna sees near and long-term growth opportunities for MasterCard

Susquehanna analyst James Friedman said he sees a number of near- mid- and long-term opportunities to support MA growth. He said near term, two price changes, including an authorization integrity- fee and a Merchant Advice Code-fee, may support growth and growth. and over the next few quarters, the January 2023 reopening of China’s borders may increase its gross dollar volume. And more generally, with international flight seats to and from the US rising 17.9% Y/Y, we see a similar boost to MA’s cross-border transaction volumes. Susquehanna maintains its Positive rating and $433 price target on MasterCard shares.