TD Cowen analyst Bryan Bergin maintained a Buy rating on Visa yesterday and set a price target of $416.00.
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Bryan Bergin has given his Buy rating due to a combination of factors that underscore Visa’s strong operating momentum and attractive risk/reward. He highlights that Visa’s latest quarter exceeded expectations on both revenue and earnings, supported by steady growth in core consumer payment volumes and particularly strong expansion in value‑added services and new payment flows. The company’s reaffirmed full‑year outlook, despite only modest share price pressure after results, supports the view that Visa can continue delivering high single‑ to low‑teens earnings growth while navigating transient headwinds such as FX volatility and regulatory noise.
Bergin also points to the accelerating contribution from Visa’s value‑added services and commercial money movement solutions as a key driver of his positive stance. Rapid growth in areas like Visa Direct, issuer processing, and broader “Visa‑as‑a‑Service” initiatives demonstrates Visa’s ability to build incremental, diversified revenue streams beyond traditional card transactions. In his view, these strategic initiatives—along with Visa’s push into tokenization, stablecoins, and emerging commerce models—position the company for durable, broad‑based expansion, making recent share weakness a compelling entry point for long‑term investors.
In another report released today, TipRanks – Google also reiterated a Buy rating on the stock with a $366.00 price target.