Jim Cramer Discusses Mastercard (MA) & Trump Credit Card Cap

Core Viewpoint - Mastercard Incorporated (NYSE:MA) has faced a decline in share price, with a 4% drop over the past year and a 6.8% decrease year-to-date, amidst discussions of potential regulatory changes affecting credit card interest rates [2][3]. Group 1: Share Price Movements and Analyst Ratings - Compass Point upgraded Mastercard's shares to Buy from Neutral, raising the price target to $735 from $620, indicating a belief that the sector is nearing a bottom after the fourth quarter earnings cycle [2]. - Truist reduced its price target for Mastercard to $609 from $630 while maintaining a Buy rating, reflecting a cautious outlook on the broader financial sector [2]. - TD Cowen increased its price target for Mastercard to $668 from $654, also keeping a Buy rating, suggesting a positive sentiment despite recent struggles [2]. Group 2: Regulatory Environment and Market Sentiment - The company's shares have been impacted by President Trump's suggestion of a 10% cap on credit card interest rates, which has raised concerns about profitability in the credit card sector [2][3]. - Jim Cramer emphasized the need for Mastercard and similar companies to respond quickly to regulatory discussions, highlighting the ongoing relationship between credit card companies and Congress [3].