TD Cowen Trims Visa Price Target Amid Murkier Cons…
From N/A: 2025-04-14 22:37:00
TD Cowen lowered Visa’s price target to $370 from $382, maintaining a Buy rating due to uncertain consumer environment. March quarter performance expected to be solid, but slower growth anticipated in second half of year. Visa’s exposure to debit and U.S. market strength seen as advantages over Mastercard. Firm believes Visa can defend margins and navigate economic challenges with agile cost-cutting approach. Despite revised outlook, bullish long-term view remains due to diversified business.
Read more at N/A:: TD Cowen Trims Visa Price Target Amid Murkier Cons…