Visa (V) PT Lowered to $270 at Barclays

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Go back to Visa (V) PT Lowered to $270 at Barclays

Visa (V) Stock Under Pressure Amid Reports of Expanded DoJ Probe, Analyst Says It May Take Several Years to Fully Resolve

October 28, 2021 10:07 AM EDT

Shares of Visa (NYSE: V) are trading nearly unchanged on the day after recording a 6.92% drop yesterday on the WSJ article that the Department of Justice (DoJ) is looking into the companys relationships with large financial-technology companies.

The probe is a part of the DoJs antitrust investigation of the company, the DJ report added. In the center of the investigation is whether Visa... More