Analyst Bryan Bergin of TD Cowen maintained a Buy rating on Visa (V – Research Report), boosting the price target to $382.00.
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Bryan Bergin has given his Buy rating due to a combination of factors including Visa’s robust market position and strategic initiatives that align with future growth opportunities. Visa’s Investor Day highlighted its scale, innovation, and strategy which are expected to support sustained growth in consumer payments and new financial flows.
Bergin appreciates Visa’s efforts to enhance transparency in its Value-Added Services (VAS) and New Flows, which are crucial for valuation and investor confidence. The company’s ability to leverage its scale to deepen customer relationships and diversify revenue streams outside of traditional card transactions further strengthens its growth potential. These elements contribute to a positive outlook for Visa’s financial model, making it an attractive investment opportunity.
Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of V in relation to earlier this year.