Redburn Atlantic Downgrades Visa to Neutral, Announces $307 Price Target
Portfolio Pulse from Benzinga Newsdesk
Redburn Atlantic analyst Fahed Kunwar downgrades Visa (NYSE:V) from Buy to Neutral and sets a $307 price target.

March 27, 2024 | 9:05 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Visa downgraded from Buy to Neutral by Redburn Atlantic with a $307 price target.
Analyst downgrades typically lead to a mixed short-term market reaction. The neutral rating suggests a balanced view on the stock's future performance, while the $307 price target indicates a belief in the company's underlying value. The downgrade from Buy to Neutral may cause some investors to reassess their positions, potentially leading to short-term volatility. However, the specific price target provides a positive outlook that could counterbalance the downgrade's impact.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100