Visa falls on report of US DoJ lawsuit alleging debit-card monopoly

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Barclays Reiterates Overweight Rating on Visa (V)

September 25, 2024 6:29 AM EDT

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

The analyst comments "Prior regulatory actions (such as Durbin) targeted specific technical practices or pricing levels, but the DoJ's new suit instead goes after underlying business strategies such as... More