Wedbush initiated coverage on shares of Visa Inc. (NYSE:V)
in a research note issued on Friday. The brokerage set an “outperform” rating
on the credit-card processor’s stock.
A number of other brokerages also recently weighed in on V.
Goldman Sachs Group Inc. reiterated a “buy” rating and set a $96.00 price
target on shares of Visa in a report on Monday, October 24th. Citigroup Inc.
reiterated a “buy” rating and set a $92.00 price target on shares of Visa in a
report on Monday, October 24th. Guggenheim downgraded Visa from a “buy” rating
to a “neutral” rating and increased their price target for the stock from
$90.00 to $97.00 in a report on Tuesday, October 25th. Stifel Nicolaus
decreased their price target on Visa from $94.00 to $93.00 and set a “buy”
rating for the company in a report on Tuesday, October 25th. Finally, Royal
Bank Of Canada increased their price target on Visa from $87.00 to $89.00 and
gave the stock an “outperform” rating in a report on Tuesday, October 25th.
Four analysts have rated the stock with a hold rating, twenty-eight have given
a buy rating and one has given a strong buy rating to the stock. Visa presently
has an average rating of “Buy” and an average price target of $91.65.
Source: American Banking and Market News
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