Wedbush Reiterates Outperform Rating on Visa (V)

Wedbush analyst Moshe Katri reiterated an Outperform rating and $215.00 price target on Visa (NYSE: V) following the company's 1Q report. Katri believes Tuesday’s upcoming investor event will be important, especially as investors will be looking for Visa’s future growth drivers.

Sales/CEPS of $6.05B and $1.46 compared to consensus expectations of $6.08B and $1.46, respectively. Non-GAAP operating margins of 67.0% compared to consensus expectations of 67.5%.

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 $202.99 yesterday.

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