Truist Reduces Visa Inc.'s Price Target to $392, Maintains Buy Rating

Reported about 11 hours ago

Truist analyst Matthew Coad has lowered the price target for Visa Inc. (NYSE:V) from $397 to $392 while maintaining a Buy rating following the company's Q3 results, which showed a 14% growth in net revenue to $10.2 billion. The revised estimates for FY26 and FY27 EPS have been adjusted down slightly to account for rising personnel costs and slower growth in travel-related transactions, despite recognizing Visa's strong investment potential.

Source: YAHOO

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