Citi added a “90-day positive catalyst watch” on Visa while keeping a Buy rating and $321 price target on the shares. The firm looks for in-line-to-better June quarter results for Visa with some modest earnings upside possible. The stock’s multiple relative to the S&P 500 sits at multi-year lows and a return to a steadier growth rate that is similar to historical targets should support the stock, the analyst tells investors in a research note.
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