Visa: Barclays upgrades to Overweight, PT raised to $408 from $396.
Title: Visa: Barclays Upgrades to Overweight, Price Target Raised to $408 from $396
Barclays has upgraded its rating on Visa Inc. (NYSE: V) to "Overweight" and raised its price target to $408 from $396, according to a recent research report. This move reflects the investment bank's positive outlook on the company's financial health and growth prospects.
The upgrade comes amidst a series of strong earnings reports and positive analyst sentiment surrounding Visa. In the most recent quarter, Visa reported earnings per share (EPS) of $2.98, exceeding analysts' consensus estimates of $2.85 by $0.13. The company also saw a 14.3% increase in revenue to $10.17 billion compared to the same quarter last year [1].
Several institutional investors have also recently bolstered their positions in Visa. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings by 19.4% in the first quarter, owning 29,692 shares worth $10,406,000 at the end of the period [1]. Other notable investors include Brighton Jones LLC, Revolve Wealth Partners LLC, Headlands Technologies LLC, Potomac Fund Management Inc. ADV, and Meeder Advisory Services Inc. [1].
Barclays' positive outlook on Visa aligns with the broader market sentiment. The company's stock has seen increased analyst interest, with five analysts rating it as a "buy" and one rating it as a "strong buy" [1]. The stock is currently trading at $351.22, with a 12-month low of $254.51 and a 12-month high of $375.51. Visa has a market capitalization of $648.06 billion, a price-to-earnings ratio of 34.30, and a price-to-earnings-growth ratio of 2.37 [1].
References:
[1] https://www.marketbeat.com/instant-alerts/filing-visa-inc-nysev-shares-acquired-by-empirical-financial-services-llc-dba-empirical-wealth-management-2025-07-31/
[2] https://www.ainvest.com/news/wedbush-raises-microsoft-pt-625-600-maintains-outperform-2507/
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