Goldman Sachs Raises Visa Inc. (NYSE:V) to Buy Rating

.September 11, 2024 Wednesday 09:03:10 PM

Goldman Sachs upgraded Visa Inc. (NYSE:V) to Buy from Hold, signaling confidence in its long-term growth potential. Visa’s stock performance remained strong despite a slight decrease on the day of the announcement, reflecting its robust standing in the financial market. The upgrade came as Visa’s stock traded at $283.96, with a market capitalization of approximately $561.08 billion. Visa’s participation in the Goldman Sachs Communacopia + Technology Conference further highlighted its strategic initiatives and financial health, reinforcing optimism for its future growth prospects. Investors are keeping a close watch on Visa’s promising trajectory.