Mastercard's Path To Mid-Teens Growth: Analysts Weigh In After Investor Day
Mastercard(MA) Benzinga·2024-11-15 02:32
Analysts expressed views on Mastercard Incorporated MA following its investor day event this week.The company anticipates a compound annual growth rate (CAGR) in the mid-teens for EPS over the next three years, down from its prior expectation of low-20s growth for 2022-2024.BMO Capital Markets analyst Rufus Hone raised the price target to $565 from $550 and reaffirmed the Outperform rating.The analyst writes that Mastercard outlined its 2025-2027E financial targets, addressing concerns about consumer paymen ...