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MasterCard (NYSE:MA) was downgraded by investment analysts at Barclays to a “market perform” rating in a note issued to investors on Monday, AR Network reports. They currently have a $90.00 price target on the stock, down from their previous price target of $93.00. Barclays’ price target suggests a potential upside of 21.77% from the stock’s previous close.

MA has been the subject of a number of other recent research reports. Analysts at Sandler O’Neill cut their price target on shares of MasterCard from $86.00 to $83.00 in a research note to investors on Friday. Separately, analysts at TheStreet reiterated a “buy” rating on shares of MasterCard in a research note to investors on Tuesday, January 28th. Twelve analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $623.96.

In other MasterCard news, major shareholder Foundation Mastercard sold 404,760 shares of the stock on the open market in a transaction dated Monday, February 3rd. The shares were sold at an average price of $76.61, for a total transaction of $31,008,663.60. The sale was disclosed in a document filed with the SEC, which is available at this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

MasterCard (NYSE:MA) traded down 2.34% on Monday, hitting $73.91. 9,834,575 shares of the company’s stock traded hands. MasterCard has a 52-week low of $50.736 and a 52-week high of $84.748. The stock’s 50-day moving average is $81.17 and its 200-day moving average is $71.41. MasterCard also was the target of some unusual options trading activity on Friday. Traders acquired 31,462 put options on the company. This represents an increase of approximately 211% compared to the average volume of 10,121 put options.

MasterCard (NYSE:MA) last issued its quarterly earnings data on Friday, January 31st. The company reported $0.57 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.59 by $0.02. The company had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $2.14 billion. During the same quarter in the prior year, the company posted $4.86 earnings per share. The company’s quarterly revenue was up 12.2% on a year-over-year basis. Analysts expect that MasterCard will post $3.11 EPS for the current fiscal year.

MasterCard Incorporated (NYSE:MA) is a global payments and technology company that connects consumers, financial institutions, merchants, Governments and businesses worldwide, enabling them to use electronic forms of payment instead of cash and checks.

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