Truist Raises PT on Visa (V) Stock

Visa Inc. (NYSE:V) is one of the Best Fundamentally Strong Stocks to Buy Now. On May 12, Truist analyst Matthew Coad lifted its price objective on the company’s stock to $371 from $361 and kept a “Buy” rating on the shares. This forms part of the research note on the Payments sector after the Q1 results. As per…


Truist Raises PT on Visa (V) Stock

Visa Inc. (NYSE:V) is one of the Best Fundamentally Strong Stocks to Buy Now. On May 12, Truist analyst Matthew Coad lifted its price objective on the company’s stock to $371 from $361 and kept a “Buy” rating on the shares. This forms part of the research note on the Payments sector after the Q1 results. As per the analyst, the firm upped its top-line estimates. This demonstrates healthier expectations for the Data Processing and Other Revenue segments that are being aided by improved pricing, robust demand for marketing-related value-added services related to the upcoming FIFA World Cup, among other factors.

Truist Raises PT on Visa (V) Stock
Truist Raises PT on Visa (V) Stock

Visa Inc. (NYSE:V) stated that its net revenue in Q2 2026 came in at $11.2 billion, reflecting a rise of 17%, thanks to the YoY growth in payments volume, cross-border volume, and processed transactions. Notably, its net revenue rose 16% on a constant-dollar basis. Total processed transactions, demonstrating the transactions processed by Visa, for Q2 2026 were 66.1 billion, up by 9% YoY.

Visa Inc. (NYSE:V) operates as a payment technology company.

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READ NEXT: 10 Best FMCG Stocks to Invest In According to Analysts and 11 Best Long-Term Tech Stocks to Buy According to Analysts.

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