BofA raised the firm’s price target on Visa (V) to $275 from $270 and keeps a Buy rating on the shares ahead of the company’s report due on July 25. The firm believes Visa and MasterCard’s (MA) overall underlying business performance is generally tracking in line with expectations and based on Visa’s mid-quarter update BofA believes there could be upside to fiscal Q3 cross-border revenue growth estimates, the analyst tells investors in a preview.
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