MidnightTrader Earnings Play: MasterCard
MasterCard
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PowerRating) closed 7.4% at 264.25, above the rise to 247.90 in the pre-market session after its upgrade to Outperform from Market Perform at Raymond James.
In three analyst actions MidnightTrader has tracked over the last year, including today, MA has widened its pre-market gain twice and pared its gain once.
7/8/08 Pre-Market: +0.7% at 247.97; 7/8/08 Regular Session: +7.4% at 264.25 – Raymond James upgraded to Outperform from Market Perform.
12/11/07 Pre-Market: +1.6%; 12/11/07 Regular Session: +0.6% at 216.71 – Keefe Bruyette upgraded to Outperform.
11/6/07 Pre-Market: +4%; 11/6/07 Regular Session +7.2% at 199.31 – Deutsche Securities upgraded to Buy from Hold.
Brooks McFeely is widely regarded as the leading expert on extended-hours trading. He is a Managing Partner for Brochet Capital Partners, LP and the founder of Midnight Trader, Inc. (www.midnighttrader.com), the leading provider of pre-market and after-hours trading analysis and news to retail and institutional investors.