Truist analyst Matthew Coad lowered the firm’s price target on Visa (V) to $392 from $397 and keeps a Buy rating on the shares after its Q3 results. The firm is reducing its FY26 and FY27 EPS forecasts by less than 1% to account for a combination of slower travel-related cross-border volume growth, faster growth in client incentives, and higher personnel costs, the analyst tells investors in a research note.
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