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5 days ago
Visa Inc. (NYSE:V) shares are trading marginally higher on Friday.
Yesterday, the company reported quarterly earnings of $2.75 per share, which beat the analyst consensus estimate of $2.66. Quarterly revenue came in at $9.51 billion, which beat the analyst consensus estimate of $9.34 billion.
Total cross-border volume on a constant dollar basis increased by 16% in the quarter.
Here are the analysts’ take on the stock:
- BofA Securities analyst Jason Kupferberg reiterated the Neutral rating on the stock, raising the price forecast to $363 from $331.
- RBC Capital Markets analyst Daniel R. Perlin reiterated the Outperform rating on the stock, raising the price forecast to $395 from $322.
- Goldman Sachs analyst Will Nance maintained the Buy rating on Visa, raising the price forecast to $384 from $346.
- Oppenheimer analyst Rayna Kumar reiterated the Outperform rating on Visa, raising the price forecast to $390 from $375.
- Keefe, Bruyette & Woods analyst Sanjay Sakhrani reiterated the ...
