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Benzinga
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Mastercard Analysts Boost Their Forecasts After Upbeat Q2 Earnings

1. Mastercard's Q2 net revenue was $8.13 billion, beating expectations. 2. Adjusted EPS increased 16% year-over-year, exceeding analyst estimates. 3. Mastercard expects high teens revenue growth for Q3 and fiscal 2025. 4. Analysts raised price targets post-earnings, maintaining Overweight ratings. 5. Shares fell 1% to $560.72 despite positive earnings results.

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FAQ

Why Bullish?

Mastercard's strong revenue growth and EPS performance suggest a healthy business. Historically, similar earnings beats have led to share price increases.

How important is it?

Strong earnings reports often lead to positive market reactions. Changes in analyst ratings can influence investor sentiment.

Why Short Term?

Analysts' raised price targets provide immediate upside potential but depend on quarterly performance trends.

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