Barclays Maintains an 'Overweight' on Visa (V); Raising Price Target on Creative Pricing
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Price: $371.04 +1.45%
Rating Summary:
45 Buy, 6 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
45 Buy, 6 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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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.
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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