Visa (V) PT Raised to $291 at Morgan Stanley

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Visa (V) Crushes FQ3 Estimates, Analysts Bulled-up

July 27, 2022 7:25 AM EDT

Visa (NYSE: V) reported adjusted earnings per share for the third quarter that easily topped the Street consensus.

Visa reported an adjusted EPS of $1.98, easily ahead of the $1.75 consensus. Revenue came in at $7.3 billion, again higher than the average analyst estimate of $7.09.

Visa also reported a payment volume of $2.94 trillion, slightly lower than the consensus of $2.97 trillion. Cross-border payment volumes soared 40% to crush estimates on the back of the strong travel... More

Visa (V) PT Raised to $257 at BMO Capital

July 27, 2022 7:22 AM EDT

BMO Capital analyst James Fotheringham raised the price target on Visa (NYSE: V) to $257.00 (from $254.00) while maintaining a Outperform rating following earnings.

The analyst commented, "Following Vs FY3Q22 broad-based beat, we raise estimates by 1% due to higher expected revenues and lower... More