Mastercard Is Fairly Valued And Lacks An Identifiable Catalyst; Analyst Downgrades Stock

Seaport analyst Jeff Cantwell downgraded Mastercard Incorporated (NYSE:MA) to Neutral from Buy rating, with a price target of $521.

The analyst writes that he continues to like Mastercard’s story but views the shares as fairly valued at this point.

Revenue upside in 2025 appears more limited due to its higher international exposure compared to Visa, and Mastercard lacks an identifiable catalyst, adds the analyst.

Last year, the analyst favored Mastercard over Visa. However, this year, the analyst prefers Visa relative to Mastercard, highlighting that Visa’s volumes and revenue are more U.S.-centric, where expectations are rising, while Mastercard is …

Full story available on Benzinga.com