Truist analyst Matthew Coad lowered the firm’s price target on Visa (V) to $372 from $374 and keeps a Buy rating on the shares as part of a broader research note updating its models on Payments names after their Q4 earnings releases. For the company, the firm is citing more bullish assumptions for Other Revenue – elevated Olympic-related marketing services – and modestly more favorable FX being offset by higher operating expense expectations, the analyst tells investors in a research note.
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