Oppenheimer analyst Dominick Gabriele raised the firm’s price target on Visa to $237 from $210 and keeps an Outperform rating on the shares. The firm believes Visa’s global franchises could have less FX headwind than previously expected. Yet year-over-year inflation growth over in both 2023/2024 should limit FX growth benefits, Oppenheimer adds.
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Published first on TheFly
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