Raymond James Maintains Outperform on Visa, Raises Price Target to $311
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst John Davis has maintained an Outperform rating on Visa (NYSE:V) and increased the price target from $287 to $311.
January 26, 2024 | 1:03 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Visa's Outperform rating is maintained by Raymond James, with a raised price target from $287 to $311, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like John Davis from Raymond James typically signals a strong conviction in the company's future performance and growth potential. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100