From Financial Modeling Prep: 2025-06-02 16:13:00

Truist Securities initiated coverage on Visa (NYSE:V) with a Buy rating and a $400 price target, citing its resilient earnings profile and appeal as a defensive investment in uncertain economic times.

Visa is expected to deliver mid-to-high single-digit earnings growth even in a downturn, supported by its diverse revenue mix and cost management strategies, making it an attractive investment option.

Despite concerns about softer cross-border spending, Truist believes Visa’s current valuation is compelling, with potential for a higher relative multiple due to investors seeking safety. The $400 price target is based on a 30x multiple on 2026 EPS, reflecting a PEG ratio of approximately 2.3x.



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