Mastercard rises on strong Q2 profit

Mastercard's MA.N shares rise 2.8% to $579.13 premarket

Stock set to open at its highest level in over six months, if gains hold

Co posts rise in Q2 profit, boosted by steady consumer spending and robust transaction volumes

MA reports Q2 profit of $4.4 bln, or $4.97 per share, compared with $3.7 billion, or $4.07 per share, a year earlier

Co posts Q2 revenue of $9.3 bln, beating analyst s' average expectation of $9.07 bln - LSEG data

42 of 45 brokerages rate stock "buy" or higher, three "hold"; median PT is $657.5

As of last close, stock dipped 1.3% YTD, underperforming S&P 500's .SPX ~6.9% rise