HSBC Initiates Coverage On Visa with Hold Rating, Announces Price Target of $266
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Saul Martinez has initiated coverage on Visa (NYSE:V) with a Hold rating and a price target of $266.
October 13, 2023 | 10:38 am
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HSBC has initiated coverage on Visa with a Hold rating and a price target of $266.
The news of HSBC initiating coverage on Visa with a Hold rating and a price target of $266 is directly related to Visa. This could influence investors' decisions, but as the rating is 'Hold', it suggests that the stock is expected to perform in line with the market or other comparable stocks. Therefore, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100