RBC Reaffirms Buy Rating on Visa Despite Insider Selling
RBC Capital analyst Daniel Perlin has maintained a Buy rating on Visa (V) with a price target of $466.00, unchanged from his previous assessment.
This recommendation comes despite recent insider activity indicating negative sentiment towards the stock. Over the past quarter, there has been an increase in insiders selling their shares compared to earlier this year.
Perlin's average return on recommended stocks is -7.2%, and he boasts a 39.96% success rate. However, his views are not universally held, as some analysts may be cautious about the stock's current valuation.