Visa: Truist Securities maintains Buy rating, lowers PT to $397.
Truist Securities has revised its rating and target price for Visa Inc. (V), maintaining a "Buy" rating but lowering the target price from $410 to $397. This adjustment reflects the latest market conditions and the brokerage's analysis of Visa's financial performance and future prospects.
The change in target price comes amid a broader trend of analysts revising their ratings and target prices for various companies, including major financial institutions and technology giants. According to Reuters, analysts from several firms have adjusted their assessments for companies such as Bank of America, Microsoft, and Progressive Corp. This shift underscores the dynamic nature of the financial markets and the importance of staying informed about the latest developments.
For instance, Piper Sandler increased its target price for Bank of America to $49, while Jefferies raised its target price for Microsoft to $580. These changes highlight the varying opinions among analysts regarding the potential growth and valuation of these companies.
Investors should closely monitor these adjustments as they can significantly impact their investment strategies. The revised target price for Visa suggests that Truist Securities expects the stock to reach $397, reflecting a potential upside from its current trading price. However, this does not guarantee future performance, and investors should consider their risk tolerance and financial goals when making investment decisions.
References:
1. [1] https://it.tradingview.com/news/reuters.com,2025:newsml_L8N3TE1GG:0/
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