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Mastercard Inc Class A

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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation

Mastercard Sees Strong Growth in Third Quarter

Mastercard's third-quarter results largely mirrored what we saw from Visa. The company continues to enjoy strong growth as it bounces back from pandemic-related impacts and favorable long-term secular trends assert themselves. We will maintain our $369 fair value estimate and wide moat rating and see the shares as modestly undervalued.

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