Mastercard's Cross-Border Surge And Pricing Actions Drive Analyst Optimism
1. JP Morgan maintains Overweight rating with a $610 price target for MA. 2. Q1 net revenues were $7.25 billion, exceeding expectations of $7.12 billion. 3. Adjusted EPS rose to $3.73, surpassing the consensus estimate of $3.57. 4. Mid-teens revenue growth expected for Q2, compared to a $7.78 billion estimate. 5. Analyst predicts steady growth despite macro challenges and currency volatility.