Visa Inc. Reports Fiscal First Quarter 2016 Results
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MasterCard (MA), Visa (V) Push to Highs
January 29, 2016 2:00 PM ESTAfter a slow start, Visa (NYSE: V) and MasterCard (NYSE: MA) are pushing to the highs of the day following earnings. MA is up 6% and V is up 5.3%
Visa (V) Buy Rating Maintained at Deutsche Bank Despite Caution on Macro Headwinds
January 29, 2016 8:57 AM ESTDeutsche Bank maintained a Buy rating on Visa (NYSE: V) with a price target of $87. Analyst Bryan Keane thinks secular tailwinds of electronic payments remain, though he noted caution on macro headwinds.
"Visa reported revs of $3.57bn (5.4% Y/Y, 8%cc) in-line with our est.... More
Visa (V) Estimates are More Back End Loaded - Piper Jaffray
January 29, 2016 8:27 AM ESTPiper Jaffray analyst, Jason Deleeuw, noted that Visa (NYSE: V) needs to see an acceleration in second half results in order to meet estimates. The US remained stable despite slowing in oil producing regions but cross border transactions slowed. This can be partly offset by OpEx reductions near term. No change to Overweight rating.
Visa missed... More
