Goldman Sachs Removes Visa (V) from Conviction Buy List

May 17, 2012 6:55 AM EDT
Get Alerts V Hot Sheet
Price: $369.95 +1.15%

Rating Summary:
    45 Buy, 6 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
Join SI Premium – FREE
Goldman Sachs removed Visa (NYSE: V) from its Conviction Buy List but maintained a Buy rating on the stock. The price target was cut from $142 to $135.

The firm sees limited prospects for further near-term multiple expansion following significant valuation recovery over the last 12 months.

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 $117.53 yesterday.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst PT Change, Downgrades

Related Entities

Goldman Sachs Conviction Buy List, Goldman Sachs