Oppenheimer Reiterates Outperform on Visa (V) Following Solid 4Q Report
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Visa (V) PT Trimmed to $93 at Stifel With Initial 2017 Guidance a Touch Light
October 25, 2016 9:31 AM EDTStifel analyst Christopher Brendler maintained a Buy rating on Visa (NYSE: V) following 'solid' q4 results but trimmed his price target to $93.00 (from $94.00) with initial 2017 guidance a touch light.
Brendler commented, "In our view, Visa is benefiting from multiple tailwinds including major contract... More
Visa (V) PT Raised to $97 at UBS on Solid Q4
October 25, 2016 9:18 AM EDTUBS analyst Ben Herbert reiterated a Buy rating and raised his price target on Visa (NYSE: V) to $97.00 (from $90.00) following solid Q4 results.
Herbert commented, "V reported F4Q16 adjusted EPS of $0.78, compared to our estimate of $0.72 and consensus of $0.73. Favorably, cross... More
Jefferies Reiterates Buy on Visa (V) Following 4Q
October 25, 2016 8:01 AM EDTJefferies reiterated a Buy rating and $93.00 price target on Visa (NYSE: V) following the company's 4Q earnings report. Visa reported net revenue growth of 19.3%, in-line with guidance and 60bps better than the Street, benefiting from a modest beat in gross revenues and slightly lower than... More
Guggenheim Downgrades Visa (V) to Neutral
October 25, 2016 7:34 AM EDTGuggenheim downgraded Visa (NYSE: V) from Buy to Neutral.
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 $83.17 yesterday.
... MoreVisa profit, revenue beat analysts' estimates
October 24, 2016 4:15 PM EDT(Reuters) - Visa Inc (NYSE: V), the world's largest payments network operator, reported better-than-expected quarterly profit and revenue, boosted by the inclusion of Visa Europe's results and as customers spent more using its network.
The company said total payments volume increased 47.1 percent to $1.86 trillion on a constant dollar basis in the fourth quarter ended Sept. 30, from a year earlier.
"We have begun to see the benefits from our acquisition of Visa Europe and strong cost discipline helped our results," Chief Executive Charles Scharf said in... More
Visa (V) Tops Q4 EPS by 5c
October 24, 2016 4:06 PM EDTVisa (NYSE: V) reported Q4 EPS of $0.78, $0.05 better than the analyst estimate of $0.73. Revenue for the quarter came in at $4.26 billion versus the consensus estimate of $4.23 billion.
We continue to deliver healthy earnings growth in the face of continued, but abating headwinds. We have begun to see the benefits from our acquisition of Visa... More
Top 10 News for 10/17 - 10/21: Merger Rumors Abound; CEOs Depart; Tesla Kicks Autopilot Up A Notch
October 21, 2016 4:09 PM EDT1. AT&T (NYSE: T) is in advanced talks to acquire Time Warner (NYSE: TWX), according to Dow Jones. The report said a deal could be announced as early as this weekend. Some speculation less than a 50 percent chance that such a deal will receive regulatory approval. For the latest Time Warner news, click here.
2. Netflix (NASDAQ: NFLX) shares popped earlier in the week after the company... More
