5 Reasons MasterCard Is A “Top Pick”

RBC Capital Markets has been a long-time bull on MasterCard ( MA ). The firm’s outperform rating dates back, uninterrupted, to 2009. Today, analyst Daniel Perlin kicked things up a notch, upgrading the credit card company to a “top pick,” and lifting his price target to $130 from $115 a share.” Why? Perlin lists five reasons.