🎁$V Nearing 52w High, A Good Celebration For Its 65th Anniversary
1. Dividend Stock $Visa(V)$ Show A Good Celebration For Its 65th Anniversary
2.What May Drive $Visa(V)$ ‘s Price Higher？
Strong Earnings: $Visa(V)$ reported third quarter EPS of $2.16, $0.05 better than the analyst estimate of $2.11. Revenue for the quarter came in at $8.12B versus the consensus estimate of $8.06B.
Valuation: $Visa(V)$ ‘s current price-to-earnings ratio (TTM) is 29.68, lower than the industrial average data at 101.87.
Target Price From Tiprank: Based on 21 Wall Street analysts offering 12 month price targets for $Visa(V)$ in the last 3 months. The average price target is $284.62 with a high forecast of $338.00 and a low forecast of $248.00. The average price target represents a 16.33% change from the last price of $244.66.
YTD 2023: $Visa(V)$ has experienced a 3-month gain of 3.02% and the YTD 2023 is 17.76%.
3. Other Discussions on $Visa(V)$
4. Question for Tigers
How do you like the $Visa(V)$ ? What’s your target?
Any other stocks are shaping the same pattern?
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$Visa(V)$ stands as a blue-chip stalwart, boasting a robust history that bolsters my conviction in its enduring value. With a target of $300 within the next 12 months, I anticipate Visa might encounter a brief stumble, attributed to the overarching market's fickleness. However, I firmly believe in its capacity for a resilient long-term resurgence, surging to fresh all-time highs within the year ahead. My watchful eye extends to $MasterCard(MA)$ and $American Express(AXP)$ , recognizing their tendency to sync with $Visa(V)$ in market movements.
Please note that my insights are offered solely for entertainment purposes. It's imperative to conduct comprehensive research and exercise prudent judgment before making any investment decisions.
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