Citi Initiates Coverage on Visa (V) with Buy Rating

Core Insights - Visa Inc. is recognized as one of the top 10 Dow stocks to buy according to Wall Street analysts, with a Buy rating initiated by Citi and a price target of $450 [1] - Citi's analyst highlights Visa's extensive network, strong position in payment processing, and high-value brand as significant competitive advantages, describing them as "formidable moats" that enhance the company's defensibility [1] - Positive trends in cross-border payments and pricing changes are expected to contribute to a favorable outlook for Visa Inc. [1] Company Overview - Visa Inc. is an American multinational digital payments company that offers a variety of payment products and processing services to facilitate electronic payments across more than 200 countries and territories [2]