visa

Piper Jaffray is out with its report today on Visa (NYSE: V), reiterating Overweight. In a note to clients, Piper Jaffray writes, "Reiterate Overweight and $107 price target (18x CY12E EPS of $5.93). We believe the visibility of earnings growth has improved, which should drive up the multiples...

Wedbush is out with its report today on Visa (NYSE: V), raising its PT from $73 to $80. In a note to clients, Wedbush writes, "Increasing price target to $80 from $73 and maintain NEUTRAL rating. Our target represents a 14x multiple on our EPS estimate, a 5% discount to our longterm growth...

The U.S.-Russia Business Council Board Members, led by USRBC Chairman Klaus Kleinfeld of Alcoa, met today with President Medvedev in St. Petersburg at The St. Petersburg International Economic Forum to present him with a letter voicing their full support for the Russian Federation's accession to...

Wedbush, which lowered its PT on shares of Visa (NYSE: V), is providing some color on the stock. “We believe Visa will continue to grow on the strength of its international business,” Wedbush writes. “However, we believe that the implementation of the Durbin amendment (now that the Tester Bill has...

Wedbush Securities has lowered the price target on Visa (NYSE: V) from $78 to $73 and maintains its Neutral rating.

According to a recent report from Bank of America, at last week's BAML Services conference, the Global Head of Product for Visa (NYSE: V), Jim McCarthy made a strong argument towards Visa's leading role in future emerging payments. After leaving the conference, Bank of America has maintained a...

Do you like gifts? Do you enjoy getting things for free? FreeMonee is betting that you do. Thus, when the company's program begins this summer, it will give credit and debit cardholders the chance to receive cash gifts from various stores and restaurants. According to Mashable, the site comes...

Morgan Stanley is providing some commentary on Visa's (NYSE: V) new digital wallet. “We spent the day with Jim McCarthy (Global Head of Product) and investors, and gained a much better understanding of yesterday's strategic announcement,” Morgan Stanley writes. “We believe the perception of it...

J.P. Morgan, which raised its PT on shares of Visa (NYSE: V), is providing some color on the stock. “We are updating our estimates for faster volume growth and a lower share count,” J.P. Morgan writes. “Our FY11, FY12 and FY13 estimates go to $4.92, $5.72 and $6.55, respectively, from $4.86, $5.52...

In a report focusing on Visa (NYSE: V), Morgan Stanley states that the company's secular and improving cyclical trends are driving to-line growth. “While solid revenue growth trends remain very encouraging, the lower A&M spend (which may discount the EPS beat to some) questions whether 62%...

In a research report published today, Goldman Sachs left its Buy rating and $88 price target on Visa (NYSE: V) unchanged, in spite of Visa's better than expected Q1 results. In the report, Goldman states, "V reported 2QFY11 EPS of $1.23, above our and consensus estimate of $1.20 (+25%). Net...

JP Morgan has raised the price target on Visa (NYSE: V) from $85 to $89 and maintains its Overweight rating.

J.P. Morgan is out with its report today on Visa (NYSE: V), maintaining Overweight. In a note to clients, J.P. Morgan writes, "Visa reports F2Q results AMC on May 5th. We see little risk to F2Q Street estimates ($1.20), since Visa reports core volume-based revenue (36% of total) on a lag, although...

Once upon a time, when consumers paid for entertainment, they only paid once. Believe it or not, we could actually go to the movies, hand over the admission fee, and enjoy a couple hours of commercial-free entertainment. Crazy concept, wouldn't you say? Advertisers would. They jump at the chance...

During an interview with CNBC this morning, Alan Greenspan spoke about QE2, foreclosures and the economic recovery. “I am assuming that the foreclosures will begin to slow down,” he said. “But the problem we've had is such a large proportion of sales are distressed sales.” Greenspan also said that...