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Mastercard Incorporated (MA) [hlAlert]

Rating:
Neutral MA

Mastercard Incorporated (MA) rated Neutral with price target $258 by Wedbush

Posted on: Thursday,  Jun 9, 2011  9:25 AM ET by Wedbush

Mastercard Incorporated (NYSE: MA)
rated Neutral with price target $258 by Wedbush .

MasterCard Incorporated (MasterCard) is a global payment solutions company that provides a variety of services in support of the credit, debit and related payment programs of over 24,000 financial institutions and other entities that are its customers. Through its three-tiered business model as franchisor, processor and advisor, the Company develops and markets payment solutions, process payment transactions, and provides support services to its customers and, depending upon the service, to merchants and other clients. It manages a family of payment card brands, including MasterCard, MasterCard Electronic, Maestro and Cirrus, which it license to its customers. The Company conducts its business principally through MasterCard Incorporated?s principal operating subsidiary, MasterCard International Incorporated (MasterCard International). In December 2008, it acquired Orbiscom Ltd., a payments solutions software provider for financial institutions.

Wedbush is Headquartered in Los Angeles, California with over 90 offices and more than 125 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth. We deliver superior investment ideas and products through exceptional customer care, financial security, continuity and advanced technology.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/9/2011 9:25 AM Hold
None
26.90 25.80
as of 12/30/2011
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/17/2010 9:25 AM Hold
None
22.38 23.80

(*) Stock Price at the time of the recommendation.
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