Visa (V): Acquisition Drives a Higher Multiple - Piper Jaffray

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Visa (V) Bullish View Reiterated at Nomura Following Q3 Results and PayPal Deal

July 22, 2016 9:01 AM EDT

Nomura Securities analyst Bill Carcache reiterated Buy rating and $91 price target on Visa (NYSE: V) following results and the PayPal deal.

Carcache commented, "V reported GAAP EPS of $0.17. Excluding significant items primarily related to Visa Europe and FX (~$0.52 per share), we... More