Visa upgraded to Buy at Seaport Research on U.S. exposure

As previously reported, Seaport Research upgraded Visa (V) to Buy from Neutral with a $359 price target. For 2025, the firm prefers Visa on a relative basis over Mastercard (MA), which it is downgrading to Neutral, primarily due to Visa’s more significant U.S. exposure, the analyst tells investors. The firm expects upside to consensus revenue and EPS expectations for Visa this year and argues that the company’s upcoming investor day should “also be a positive catalyst.”