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Visa Now A 'Buy,' Vetr Crowd Says

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Shares of Visa Inc (NYSE: V) have gained more than 5 percent over the past three months. The Vetr crowd seems to believe the rally will continue a bit further, as evidenced by its average price target of $85.30, which implies a potential return of 3.35 percent from current valuations.

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Seeking to better reflect the aforementioned upside potential, the Vetr community upgraded its rating on shares of Visa on Wednesday, from 3.0 Stars (Hold) to 3.5 Stars (Buy) – out of a possible 5 Stars rating.

It should be noted that 80 percent of the crowd’s ratings are bullish, meaning that, while mostly positive on the stock, the Vetr community thinks upside in Visa shares is limited.

Latest Ratings for V

DateFirmActionFromTo
Feb 2017Loop CapitalInitiates Coverage OnBuy
Dec 2016Bank of AmericaUpgradesNeutralBuy
Dec 2016GuggenheimUpgradesNeutralBuy

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Posted-In: VetrUpgrades Price Target Crowdsourcing Analyst Ratings General

 

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