5 Best Major Stocks to Buy According to Wall Street Analysts

In this article, we will list the 5 Best Major Stocks to Buy According to Wall Street Analysts. Please visit the 10 Best Major Stocks to Buy According to Wall Street Analysts if you’d like to see an extended list and methodology behind it.

5. Mastercard Inc (NYSE:MA)

On April 10, Bank of America Securities’ analyst Matthew O’Neill maintained his Buy rating on the Mastercard Inc (NYSE:MA) stock. Alongside the rating, he also assigned a price target of $700 to the stock. This reflects upside of 34.3% from current levels.

However, on March 31, Timothy Chiodo, an analyst at UBS, lowered his price target on Mastercard shares from $700 to $650. This is quite close to where the stock is currently trading. Despite lowering the price target, the firm issued a positive note on the company’s prospects on April 6. Analysts believe the company has a strong pricing power and is set to benefit from its expansion into value-added services. Going forward, the firm sees a positive impact on the shares from forex trends, travel recovery, and pricing benefits.

Based on ratings from 41 different analysts, MA has a strong bullish sentiment, with a median price target of $665, representing 27.6% upside from here on. The highest price target on Wall Street is $735, which would bring investors an upside of 41%.

Mastercard Inc (NYSE:MA) operates in the payments industry and is one of the leading payment processors for everyday consumers, financial institutions, governments, and businesses. The company is headquartered in New York, United States.