Oppenheimer Raises Estimates for Visa (V)

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Oppenheimer reported on Thursday that they have increased estimates for payments technology company, Visa Inc( V ).

Analysts from the firm have increased the company's price target to $170 and have given V a rating of "Outperform." This price target suggests a 13% increase from the stock's current price of $147.99.

Visa shares were mostly flat during Thursday morning trading. The stock is up 46% YTD.

The Bottom Line
Shares of Visa ( V ) have a .89% dividend yield, based on last night's closing stock price of $147.88. The stock has technical support in the $137-$140 price area. The stock is trading near all-time highs.

Visa Inc( V ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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