tiprankstipranks
The Fly

Visa initiated with a Buy at Compass Point on value added services penetration

Visa initiated with a Buy at Compass Point on value added services penetration

As previously reported, Compass Point analyst Dominick Gabriele initiated coverage of Visa with a Buy rating and $319 price target. The firm estimates FY25 EPS of $11.16, noting that its view is above consensus FY25 “core” EPS by 1.2% due to faster revenue growth given its value added services, or VAS, analysis. The firm sees a 15% increase in total net revenue long-term from VAS penetration, the analyst tells investors.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Questions or Comments about the article? Write to editor@tipranks.com