Visa (NYSE:V–Get Rating)had its price target reduced by analysts at Morgan Stanley from $283.00 to $279.00 in a research note issued on Thursday, The firm presently has an “overweight” rating on the credit-card processor’s stock. Morgan Stanley’s price objective indicates a potential upside of 28.11% from the company’s current price.
Other equities analysts have also issued research reports about the company. Raymond James boosted their target price on Visa from $265.00 to $281.00 and gave the stock an “outperform” rating in a research report on Friday, January 28th. Wedbush boosted their target price on Visa from $240.00 to $270.00 and gave the stock an “outperform” rating in a research report on Friday, January 28th. Erste Group raised Visa to a “buy” rating in a research report on Wednesday, February 9th. Robert W. Baird decreased their target price on Visa from $305.00 to $290.00 in a research report on Friday, January 28th. Finally, Mizuho lowered Visa from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $255.00 to $220.00 in a research report on Friday, January 7th. Six investment analysts have rated the stock with a hold rating and twenty have given a buy rating to the company. The company has an average rating of “Buy” and an average price target of $267.17.
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