Truist Lowers PT on Mastercard Incorporated (MA) Stock Truist recently reduced its price target for Mastercard Incorporated (MA) stock to $561 from $590, while maintaining a "Buy" rating.
This move has sparked debate among investors and analysts about the evolving landscape of payment processing.
The Q1 results for Mastercard highlighted revenue growth driven by expansion into value added services and solutions, rather than traditional payment network business.