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Visa price target raised to $275 from $270 at Truist

Truist analyst Andrew Jeffrey raised the firm’s price target on Visa to $275 from $270 and keeps a Buy rating on the shares after its Q3 earnings beat. The firm sees Visa delivering 10%or more in organic revenue growth, low-to-mid teens EPS growth and robust capital return for the foreseeable future. Visa’s diverse economic drivers also include Value-Added Services and new flows, the analyst tells investors in a research note.

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