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Visa (V) Receives a Buy from RBC Capital

In a report issued on July 11, Daniel Perlin from RBC Capital maintained a Buy rating on Visa (VResearch Report), with a price target of $278.00. The company’s shares closed last Tuesday at $204.82.

According to TipRanks.com, Perlin is a 4-star analyst with an average return of 7.0% and a 47.3% success rate. Perlin covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, TELUS International (CDA), and Jack Henry & Associates.

Currently, the analyst consensus on Visa is a Strong Buy with an average price target of $265.31, representing a 30.5% upside. In a report issued on June 30, Truist Financial also maintained a Buy rating on the stock with a $250.00 price target.

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The company has a one-year high of $252.67 and a one-year low of $185.91. Currently, Visa has an average volume of 6.96M.

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Visa, Inc. engages in the provision of digital payment services. It also facilitates global commerce through the transfer of value and information among global network of consumers, merchants, financial institutions, businesses, strategic partners, and government entities. It offers debit card, credit card, prepaid products, commercial payment solutions, and global ATM. The company was founded by Dee Hock in 1958 and is headquartered in San Francisco, CA.

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