Visa (V) Tops Q2 EPS by 1c

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Visa (V) PT Lifted to $80 at Piper Jaffray on Long-Term View

May 1, 2015 7:18 AM EDT

Piper Jaffray analyst Jason Deleeuw reiterated an Overweight rating and bumped his price target on Visa (NYSE: V) to $80.00 (from $78.00) following Q1 results which modestly beat the Street. While cross-board/gas headwinds persists, the long-term franchise value points to higher growth.

Deleeuw commented, "Visa beat consensus revenue... More