Bernstein Remains a Buy on Visa (V)
Bernstein analyst Harshita Rawat maintained a Buy rating on Visa yesterday and set a price target of $450.00. The company’s shares closed yesterday at $307.22.
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According to TipRanks, Rawat is a 3-star analyst with an average return of 4.2% and a 46.67% success rate. Rawat covers the Financial sector, focusing on stocks such as Visa, PayPal Holdings, and Mastercard.
In addition to Bernstein, Visa also received a Buy from Mizuho Securities’s Dan Dolev in a report issued yesterday. However, on February 14, TipRanks – xAI reiterated a Hold rating on Visa (NYSE: V).
Based on Visa’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $10.9 billion and a net profit of $5.85 billion. In comparison, last year the company earned a revenue of $9.51 billion and had a net profit of $5.12 billion
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