MasterCard Downgraded to “Neutral” at Susquehanna (MA)


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Credit card issuer MasterCard Incorporated ( MA ) on Friday caught a downgrade from analysts at Susquehanna.

The analyst said it cut its rating on MA from "Positive" to "Neutral." MasterCard stock has risen 20% year-to-date, compared with a much smaller 4.5% gain in the benchmark S&P 500 Index.

MasterCard shares fell $1.43, or -0.5%, in premarket trading Friday.

The Bottom Line
Shares of Mastercard ( MA ) have a .22% dividend yield, based on last night's closing stock price of $268.87. The stock has technical support in the $255-$260 price area. If the shares can firm up, we see overhead resistance around the $280-$281 price levels.

MasterCard Incorporated ( MA ) is not recommended at this time, holding a DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing , Stocks

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