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Visa Shares Rise as Analysts Boost Price Targets

Guavy AI Editorial Team
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Visa Inc. shares rose 1.5% on Friday to reach a high of $371.80 and close at $371.09. The stock traded 6,665,680 shares in mid-day trading, down 16% from the average session volume of 7,890,429.

Analysts have been upgrading their price targets for Visa, with BMO Capital Markets boosting its target to $405.00 and Barclays issuing an 'overweight' rating with a $420.00 target price.

The company reported earnings of $3.32 per share in the last quarter, beating estimates by $0.09. Revenue was up 14.4% from the same period last year.

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