Visa tops profit estimates on higher consumer spending

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Visa (V) PT Raised to $162 at RBC Capital

July 26, 2018 8:46 AM UTC

RBC Capital raised its price target on Visa (NYSE: V) to $162.00 (from $150.00) while maintaining an Outperform rating following solid results.

"Overall, fundamental results remain solid, which we attribute to a stable/improving macro backdrop, solid execution, and the continued integration of Visa Europe," analyst Daniel Perlin commented.

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