Visa price target raised to $375 from $340 at JPMorgan

JPMorgan raised the firm’s price target on Visa (V) to $375 from $340 and keeps an Overweight rating on the shares. The company’s fiscal Q1 results were ahead of estimates and guidance on accelerating volume growth, resulting in a positive revision to the fiscal 2025 organic revenue outlook, the analyst tells investors in a research note. JPMorgan sees modest upside to numbers through the year, particularly if spending volumes and currency volatility sustain recent trends.