1 Stock Set to Soar 50% From Its 52-Week Low, According to Wall Street
Morgan Stanley (NYSE: MS) analyst James Faucette has a price target on Mastercard (NYSE: MA) -- one of the top dogs in the payments industry -- of $441. This implies almost a 50% upside from today's prices, and a 55% rise from the stock's 52-week low.
These price targets set by analysts are only projecting the next 12 months, much shorter than a long-term investor's time horizon. However, it does show that Wall Street is optimistic about the company. Let's find out why Faucette might be so excited about Mastercard's future.
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Source Fool.com