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Oppenheimer Reiterates Outperform Rating on Visa (V) Following Announced Acquisition of Plaid

January 14, 2020 7:56 AM EST

Oppenheimer analyst Glenn Greene reiterated an Outperform rating and $202.00 price target on Visa (NYSE: V) following the company's announcement that it has agreed to acquire Plaid for $5.3B. The deal is expected to close in 36 months and is expected to prove 80100bps accretive to FY21 revenue... More