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Visa Shares Soar on Analyst Upgrades and New Price Targets

Guavy AI Editorial Team
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V
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Visa Inc. (NYSE:V) shares rose by 1.3% during trading on Monday, reaching as high as $377.17 before closing at $375.1780.

The company's stock changed hands in a volume of 6,174,865 shares, which is a decline of 20% from its average session volume of 7,695,124 shares.

Visa has been the subject of several analyst reports in recent weeks, with TD Cowen reiterating a 'buy' rating and Erste Group Bank upgrading their rating to 'buy' from 'hold'. Sanford C. Bernstein also reiterated an 'outperform' rating and set a target price of $450.00 on Visa shares.

Based on data from MarketBeat, the stock currently has an average rating of 'Buy' with 31 analysts providing recommendations. The average price target for Visa is $416.62.

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