Analysts keep bullish ratings on Visa after strong fourth‑quarter results
Visa reported fourth‑quarter net revenue of $12.14 billion and adjusted earnings per share of $3.48, beating estimates. Cantor Fitzgerald reiterated an Overweight rating with a $445 price target, while TD Cowen and Morgan Stanley kept Buy/Overweight ratings and raised their price targets to $450 and $471 respectively. The analysts cited the company’s solid earnings growth and favorable consumer‑spending trends.
Why it matters
Cantor Fitzgerald’s $445 price target and the higher targets from TD Cowen and Morgan Stanley imply upside of roughly 10‑12% from the current share price, suggesting investors could benefit from the stock’s continued rally.
Key facts
- 1Visa reported fourth‑quarter net revenues of $12.14 billion, beating the Street estimate of $12.09 billion. investing.com
- 2Adjusted earnings per share for the quarter were $3.48, above the Street estimate of $3.44. investing.com
- 3Cantor Fitzgerald maintained an Overweight rating and set a price target of $445.00. investing.com
- 4TD Cowen kept a Buy rating and raised its price target to $450. tradingview.com
- 5Morgan Stanley kept an Overweight rating and raised its price target to $471. investing.com
- 6Visa’s market capitalization was $737 billion and its P/E ratio was 34.33. investing.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.