Citing valuation, Goldman Sachs downgrades MasterCard (MA) to Neutral from Buy, lowering its...

|By:, SA News Editor

Citing valuation, Goldman Sachs downgrades MasterCard (MA) to Neutral from Buy, lowering its price target to $380 from $400. "We see a near-term risk from the tepid European backdrop, currency exposure, and an increasingly competitive U.S. debit landscape."