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Mastercard gains after Q3 profit tops estimates

By Reuters News

** Shares of payments processor Mastercard MA.N rise 3.2% to $630 premarket

** MA posts Q3 net profit of $5.28 per share, compared with analysts' estimates of $4.34 per share, according to data compiled by LSEG

** Reports Q3 revenue of $9.8 bln, above analysts' expectations of $9.7 bln

** Peers Visa V.N and American Express AXP.N up 1.9% and 1.5%, respectively

** Both reported better-than-expected quarterly results earlier in the month

** 41 of 44 brokerages rate the stock "buy" or higher, and 3 "hold"; their median PT is $670

** Up to last close, stock had risen 6.9% YTD

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