Visa (V) Tops Q1 EPS by 3c; Approves $1.75B Buyback

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Go back to Visa (V) Tops Q1 EPS by 3c; Approves $1.75B Buyback

Visa (V) Volume Accelerates, Oppenheimer Reiterates Outperform

February 7, 2013 11:24 AM EST

Oppenheimer today reiterated an Outperform rating on Visa (NYSE: V) with a price target of $177.00. Yesterday Visa reported Q1 results, topping estimates.

Commenting on results, analysts Glenn Greene of Oppenheimer said, "US purchase volume accelerated through January 28th compared to 1QFY13, with improved... More

Wells Fargo Downgrades Visa (V) to Market Perform on Valuation Post Q1

February 7, 2013 7:38 AM EST

Wells Fargo downgraded Visa (NYSE: V) from Outperform to Market Perform and raised its valuation range to $160-165 from $150-155.

The firm comments, "While it was a solid quarter on all fronts, we are nonetheless downgrading our rating to Market... More