January 20, 2017

Visa Inc. (V) Earns Outperform Rating from Analysts at Wedbush

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.



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