Visa price target raised to $393 from $354 at Citi

Citi raised the firm’s price target on Visa (V) to $393 from $354 and keeps a Buy rating on the shares. The company delivered a two point revenue beat driven by cross-border, other revenue, and lower client incentives, the analyst tells investors in a research note. Citi maintains a “modest preference” for Visa over MasterCard (MA) citing the improving revenue trendline in fiscal 2025.