Streetbeat News

Visa Inc.

https://usa.visa.com

Industry

Financial - Credit Services

Visa Inc. operates as a payments technology company worldwide. The company facilitates digital payments among consumers, merchants, financial institutions, businesses, strategic partners, and government entities. It operates VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions. In addition, the company offers card products, platforms, and value-added services. It provides its services under the Visa, Visa Electron, Interlink, VPAY, and PLUS brands. Visa Inc. has a strategic agreement with Ooredoo to provide an enhanced payment experience for Visa cardholders and Ooredoo customers in Qatar. Visa Inc. was founded in 1958 and is headquartered in San Francisco, California.

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Recent options trading activity indicates a bullish sentiment among wealthy investors towards Visa (NYSE:V), with a significant number of uncommon trades detected. Analysts maintain positive ratings with high price targets, suggesting potential upward movement.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 4:16 pm

BofA Securities analyst Kenneth Bruce downgraded American Express (AXP) from Buy to Neutral due to growth challenges and premium valuation. He suggests Synchrony Financial (SYF) and Capital One (COF) as potential alternatives, given their lower valuations and potential for sentiment improvement.

Portfolio Pulse from Anusuya Lahiri

August 21, 2024 | 6:05 pm

The article discusses the potential for lower interest rates by the Federal Reserve amid economic challenges, highlighting the performance of financial institutions and leveraged ETFs. JPMorgan Chase, Goldman Sachs, Visa, and Mastercard have shown resilience, while Progressive Corp indicates a flight to safety. Direxion's leveraged ETFs, FAS and FAZ, offer speculative opportunities in this uncertain market environment.

Portfolio Pulse from Joshenomoto@benzinga.com

August 21, 2024 | 11:58 am

Analysts have provided mixed ratings for Visa (NYSE:V) over the past quarter, with a range of bullish to bearish sentiments. The average 12-month price target has slightly decreased to $310.5. Visa's financials show strong profitability and effective cost management, despite lagging revenue growth compared to peers.

Portfolio Pulse from Benzinga Insights

August 20, 2024 | 7:00 pm

JP Morgan analyst Tien-Tsin Huang maintains an Overweight rating on Visa and raises the price target from $290 to $320.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 2:57 pm

Visa (NYSE:V) has significantly outperformed the market over the past 15 years, with an average annual return of 20.02%. A $100 investment in Visa 15 years ago would now be worth $1,568.62, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 9:00 pm

WSPN (Worldwide Stablecoin Payment Network) has raised $30 million in a Seed funding round to advance its stablecoin infrastructure. The round was led by Folius Ventures and Foresight Venture, with participation from notable investors including Visa, CTH, and Paxos.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 9:42 am

Deep-pocketed investors have shown a bearish trend towards Visa (NYSE:V) through significant options trading activities. Benzinga's options scanner highlighted 12 extraordinary options activities for Visa, with 41% of the sentiment being bearish. The trading volume and open interest suggest a price window from $210.0 to $290.0. Despite the bearish sentiment, analysts maintain positive ratings with an average target price of $308.4.

Portfolio Pulse from Benzinga Insights

August 12, 2024 | 5:15 pm

The CNBC Halftime Report's final trades include Booz Allen Hamilton, Visa, Schlumberger, and Roblox. These stocks are highlighted for their potential investment opportunities.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 5:00 pm

The article provides a comprehensive analysis of Visa (NYSE:V) and its primary competitors in the Financial Services industry. It highlights Visa's key financial metrics, market position, and growth prospects, comparing them with industry averages and top competitors. Key takeaways include Visa's low PE ratio indicating potential undervaluation, high PB and PS ratios suggesting strong market sentiment, and high profitability metrics. However, Visa's revenue growth is lower than the industry average, which may raise concerns about future performance.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 3:00 pm

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