Visa's revenue miss prompts caution on Wall Street

Go back to Visa's revenue miss prompts caution on Wall Street

Visa (V) PT Lowered to $295 at Argus

July 24, 2024 2:01 PM EDT

Argus analyst Stephen Biggar lowered the price target on Visa (NYSE: V) to $295.00 (from $310.00) while maintaining a Buy rating.

The analyst comments "Lowering target to $295 as payment volumes moderate On July 23, Visa reported adjusted EPS of $2.42 for fiscal 3Q24 (ended June 30), up... More

Visa (V) PT Lowered to $279 at BofA Securities

July 24, 2024 9:26 AM EDT

BofA Securities analyst Jason Kupferberg lowered the price target on Visa (NYSE: V) to $279.00 (from $297.00) while maintaining a Neutral rating.

The analyst comments "Our recent downgrade to Neutral was not an explicit call on the quarter, but in our view the print... More

Barclays Reiterates Overweight Rating on Visa (V), PT $319

July 24, 2024 8:39 AM EDT

Barclays analyst Ramsey El-Assal reiterated an Overweight rating and $319.00 price target on Visa (NYSE: V).

The analyst comments "Key takeaway: V reported a slight FQ3 miss, with net revenues of $8.9B (vs. $9.0B Street), adj. EBIT of $5,973M (vs. $6,017M Street), and adj. EPS of $2.42 (vs. $2.43... More