Mizuho Maintains Neutral Rating for Visa: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Mizuho has maintained its Neutral rating for Visa (NYSE:V) and increased its price target from $240.00 to $243.00. Visa's shares are currently trading up 0.65% at $234.60 per share. A move to $243.00 would represent a 3.58% increase from the current share price.
October 31, 2023 | 5:00 pm
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POSITIVE IMPACT
Mizuho has maintained its Neutral rating for Visa and raised its price target. This could potentially lead to a positive impact on Visa's stock in the short term.
Analyst ratings and price targets can influence investor sentiment and stock prices. Mizuho's decision to maintain a Neutral rating indicates that they believe Visa's stock is fairly valued. However, the increase in price target suggests they see potential for the stock's price to rise, which could positively impact the stock in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100