RBC Capital Maintains Outperform on Visa, Raises Price Target to $309
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Daniel Perlin has maintained an Outperform rating on Visa Inc. (NYSE:V) and increased the price target from $290 to $309.
January 26, 2024 | 3:49 pm
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POSITIVE IMPACT
Visa's Outperform rating is reaffirmed by RBC Capital, with a raised price target from $290 to $309, indicating a positive outlook on the stock.
The increase in Visa's price target by a reputable analyst at RBC Capital suggests a strong conviction in the company's future performance. This endorsement is likely to instill confidence in investors and could lead to a short-term increase in the stock price as the market reacts to the positive news.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100