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Analysts revise Visa stock price target amid quarterly revenue miss
VisaVisa(US:V) Finbold·2024-07-24 16:44

Visa Inc. (NYSE: V), the global payments giant, has reported third-quarter revenue growth that fell short of Wall Street expectations, a rare miss for the world’s largest payments processor. The company’s quarterly net revenue came in at $8.90 billion, just shy of analysts’ estimates of $8.92 billion, leading to a drop in its shares during extended trading. This revenue miss, has prompted several brokerages to revise their price targets on Visa’s stock.Despite the revenue miss, Visa Inc. reported solid fina ...