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Visa (V) CEO Scharf to Resign; Successor Named

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Jefferies Remains Bullish as Visa (V) Announces CEO Resignation

October 18, 2016 8:59 AM EDT

Jefferies reiterated a Buy rating and $93.00 price target on Visa (NYSE: V) following the company's announcement that CEO Charlie Scharf is resigning. Mr. Scharf is being replaced by Board member Alfred Kelly, a former AXP executive. Mr. Scharf has decided to resign as... More

Wedbush Remains Sidelined as Visa (V) CEO Announces Resignation

October 18, 2016 8:14 AM EDT

Wedbush reiterated a Neutral rating and $77.00 price target on Visa (NYSE: V) following the company's announcement the CEO Charlie Scharf is resigning. The resignation is effective December 1st, when new CEO Alfred F. Kelly, Jr. is set to take over. Mr. Scharf informed the board of directors of this decision to... More