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Visa Inc. (V) is a payment technology company that operates one of the world's most extensive processing networks.
Visa's Q2 revenue rose 17.1% to $11.2 billion, exceeding analyst expectations by 5.1%.
KEY POINTS
- Visa shares surged 8.3% following its stronger-than-expected Q2 earnings release on April 28.
- Analyst consensus rating for Visa recently became more bullish, with 29 out of 37 rating it 'Strong Buy.'
- Visa's highest analyst price target of $450 implies a 40.1% upside from current levels.
- Visa has outperformed the Amplify Digital Payments ETF, declining less over the past year and YTD.
COMPANIES
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