RBC Capital Raises PT on Mastercard Incorporated (MA) to $656; Maintains 'Outperform' Rating

With a significant presence in Warren Buffett’s portfolio and strong hedge fund interest, Mastercard Incorporated (NYSE:MA) secures a spot on our list of the 14 Best Warren Buffett Stocks to Invest in.

On August 1, 2025, RBC Capital raised its price target on Mastercard Incorporated (NYSE:MA) from $650 to $656, maintaining an ‘Outperform’ rating. The price revision follows the company’s better-than-expected quarterly results. The quarterly results were also marked by guidance increase for the full year.

The analyst believes Mastercard Incorporated (NYSE:MA)’s business trends remained stable through the quarter and into July. Accordingly, consumer spending is expected to remain resilient for the rest of the year. Thus, RBC Capital expects upside potential as the company’s growth drivers remain intact and execution remains strong.

Operating in the U.S. and the rest of the world, Mastercard Incorporated (NYSE:MA) offers transaction processing and other payment-related products and services. It is included in our list of the best Warren Buffett stocks.

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