Several investment firms have updated their stock ratings and price targets on shares of Visa (NYSE: V) in the last week:

  • Visa had its “strong-buy” rating reaffirmed by analysts at Raymond James. They now have a $140.00 price target on the stock.
  • Visa had its “market perform” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a $116.00 price target on the stock.
  • Visa had its price target raised by analysts at Stifel Nicolaus from $150.00 to $156.00. They now have a “buy” rating on the stock. They wrote, “In our view, Visa delivered better-than-expected core 4Q results thanks to lower rebates and expenses. Although these can typically be lumpy, top line trends proved resilient as spending remained solid and Durbin mitigation efforts appear to be paying off. With initial 2013 guidance better than expected and a key near-term catalyst in litigation settlement, we reiterate our Buy rating and increase our target price to $156 which is still based on 20x calendar 2013E EPS.”
  • Visa had its “outperform” rating reaffirmed by analysts at RBC Capital. They now have a $152.00 price target on the stock.
  • Visa had its price target raised by analysts at Credit Suisse to $160.00. They now have an “outperform” rating on the stock.
  • Visa had its price target raised by analysts at Barclays Capital from $145.00 to $155.00. They now have an “overweight” rating on the stock.
  • Visa had its “buy” rating reaffirmed by analysts at Nomura.
  • Visa had its price target raised by analysts at UBS AG from $113.00 to $123.00. They now have a “sell” rating on the stock.

Visa Inc. opened at 143.88 on Friday. Visa Inc. has a 52-week low of $88.78 and a 52-week high of $143.10. The company has a market cap of $96.233 billion and a price-to-earnings ratio of 70.22.

Visa Inc. (Visa) is a global payments technology company that connects consumers, businesses, banks and governments in more than 200 countries and territories, enabling them to use digital currency instead of cash and checks.