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Enter Symbol:
Rating: MA
Buy $112

Mastercard Incorporated (NYSE: MA) upgraded to Buy with price target $112 by UBS

Wednesday,  Dec 16, 2015  3:25 PM ET by Betsy O'Brien Harrison

UBS upgraded Mastercard Incorporated (NYSE: MA) to Buy with price target $112. Previously UBS upgraded to Mastercard
Incorporated (NYSE: MA) to Neutral with price target $627 on 08/01/2013, when the stock price was $64.52. Since then, Mastercard Incorporated's stock price has gained 55% as of 12/16/2015's recent price of $99.99.

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.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.

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