Bernstein Maintains a Positive Outlook on Mastercard Incorporated (MA)

Mastercard Incorporated (NYSE:MA) is one of the best dividend stocks in the financial sector. On November 10, Bernstein analyst Harshita Rawat assigned a Buy rating on Mastercard, setting a target price of $607.

In a different business update, on November 13, Mastercard and Ukraine’s Government reached a Memorandum of Understanding (MoU) to initiate Digital Country Partnership in Ukraine. The agreement was finalized on November 12, as the Rebuild Ukraine Conference in Warsaw approaches.

Oleksii Sobolev, the Ukrainian Minister of Economy, Environment and Agriculture, and Inga Andreieva, who is Mastercard’s country manager in Ukraine and Moldova, signed the MoU. Tucker Foote, the company’s Chief Government Affairs and Policy Officer, was also present during the signing.

This Memorandum is meant to quicken Ukraine’s digital roadmap by utilizing Mastercard’s innovative payment solutions, digital ecosystem, and cybersecurity expertise.

The partnership between Ukraine and Mastercard aims to improve the country’s digital economy through higher financial inclusion, modernizing transport and tourism with digital systems, strengthening cybersecurity and AI-driven innovation, and advancing cybersecurity across critical platforms. The agreement outlines a five-year plan for carrying out planned initiatives under the Digital Country Partnership program.

While we acknowledge the potential of MA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: Dow 20 Stocks List: Ranked By Hedge Fund Bullishness Index and 10 Unstoppable Dividend Stocks to Buy Now.

Disclosure. None.