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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