Mastercard Incorporated (MA) is considered one of the best major stocks to invest in right now, with Monness Crespi Hardt & Co., Inc. giving it a Hold rating and a price target of $525. Keefe, Bruyette & Woods maintained a Buy rating with a price target of $665 on January 2.
Freedom Capital raised Mastercard’s price target to $655 from $635, citing strong Q4 results. Preliminary insights show US retail sales grew 3.9% year-over-year from November 1 to December 21. Evercore ISI increased the price target to $610 and added the stock to its “Tactical Outperform” list.
Mastercard provides payment solutions and intelligence services. While it’s seen as a good investment, there are AI stocks with greater potential. For more insights on AI stock investments, check out the free report.
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Read more at Yahoo Finance: Why is Mastercard Incorporated (MA) One of the Best Major Stocks to Invest in Right Now?
