Mastercard Incorporated (NYSE: MA) has been upgraded by HSBC from Hold to Buy with a price target increase from $598 to $633. Analysts expect low double-digit revenue growth and mid-teen earnings per share growth despite challenges from Capital One’s debit migration. In other news, Mastercard (MA) and L’Oreal are launching a joint business card for beauty salon operators in Latin America and the Caribbean. The L’Oréal Mastercard BusinessCard will be introduced in Mexico first and later expanded to other markets in the region. Mastercard provides transaction processing and payment-related products worldwide.

Read more at Yahoo Finance: Is Mastercard (MA) One of the Most Promising Fintech Stocks to Invest In?