Visa Inc. (NYSE:V) is listed among the 12 Best Stocks to Buy for the Long Term. Piper Sandler lowered Visa’s price target to $160 from $165 but maintained an Overweight rating. Visa’s revenue is expected to grow at a compound annual rate of 12.9% between fiscal 2020 and fiscal 2025, with continued double-digit growth anticipated in the next three years. The U.S. is Visa’s largest market, but faster growth is expected from emerging economies, driven by digital payments and value-added services. Visa facilitates commerce and money movement globally across more than 200 countries and territories.
Read more at Yahoo Finance: Piper Sandler Updates Its Outlook on Visa (V) Shares
