Barclays Maintains an 'Overweight' on Visa (V); Raising Price Target on Creative Pricing

March 5, 2012 1:25 PM EST
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Price: $364.15 -0.36%

Rating Summary:
    45 Buy, 6 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Barclays maintains an 'Overweight' on Visa (NYSE: V) price target raised from $125 to $133.

Analyst, D. Peller, said, "Pricing initiative w/ lower variable acquirer processing fees, fixed acquirer network fee & expanded level of incentives available to merchants; increased confidence in results reaching high end of V’s guidance...maintains FY12 EPS estimate of $6.00 and FY13 at $7.10."

For an analyst ratings summary and ratings history on Visa click here. For more ratings news on Visa click here.

Shares of Visa closed at $116.16 yesterday.


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