Wall Street Backs Visa With New Buy Rating and $387 Price Target

Loop Capital analyst Dominick Gabriele initiated coverage of Visa (NYSE: V) with a Buy rating and a $387 price target. The fresh endorsement is a positive signal for investor sentiment but is a single-analyst catalyst and unlikely to move the stock materially without additional company or market news.

Analysis

Loop Capital analyst Dominick Gabriele initiated coverage of Visa (NYSE: V) with a Buy rating and a $387 price target. The fresh endorsement is a positive signal for investor sentiment but is a single-analyst catalyst and unlikely to move the stock materially without additional company or market news.