Oppenheimer Raises Estimates for Visa (V)
Oppenheimer reported on Thursday that they have increased estimates for payments technology company, Visa Inc(V).
Analysts from the firm have increased the company’s price target to $170 and have given V a rating of “Outperform.” This price target suggests a 13% increase from the stock’s current price of $147.99.
Visa shares were mostly flat during Thursday morning trading. The stock is up 46% YTD.
The Bottom Line
Shares of Visa (V) have a .89% dividend yield, based on last night’s closing stock price of $147.88. The stock has technical support in the $137-$140 price area. The stock is trading near all-time highs.
Visa Inc(V) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.
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