UBS raised the firm’s price target on Visa (V) to $400 from $350 and keeps a Buy rating on the shares. Visa delivered strong Q1 results, driven by an acceleration in cross-border volumes, U.S. payments volume, and strength in value-added services and news flows-related revenue, the analyst tells investors in a research note. Visa is continuing to see strong contributions from some of its most important growth drivers in both VAS revenue and Visa Direct, and UBS expects a degree of pricing, alongside FX volatility to be supportive of strong second half revenue growth and exit rate into fiscal 2026.
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