JP Morgan Maintains Overweight on Visa, Raises Price Target to $320
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tien-Tsin Huang maintains an Overweight rating on Visa and raises the price target from $290 to $320.
August 20, 2024 | 2:57 pm
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JP Morgan's analyst Tien-Tsin Huang has reaffirmed an Overweight rating on Visa and increased the price target from $290 to $320, indicating a positive outlook on the stock.
The increase in price target from $290 to $320 by JP Morgan suggests a positive outlook for Visa's stock, likely leading to a short-term price increase. The Overweight rating indicates confidence in Visa's performance relative to the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100