Core Insights - Visa Inc. is currently viewed as one of the most profitable stocks on the NYSE, with recent upgrades from Evercore ISI and BofA, indicating strong potential for returns [1][2] - The company is expanding its influence in the financial technology space through strategic collaborations and new product offerings, particularly in Southeast Asia [3][4] Group 1: Analyst Ratings and Price Targets - Evercore ISI maintained an In Line rating on Visa and raised the price target to $380 from $375, adding it to the "Tactical Outperform" list [1] - BofA upgraded Visa from Neutral to Buy, setting a price target of $382, citing attractive return potential and manageable risks associated with stablecoins [2] Group 2: Leadership Changes - Visa appointed Najada Kumbuli as the President of Visa Foundation, effective December 11, responsible for impact investing and global philanthropy [2] Group 3: Strategic Collaborations - Visa and Pismo announced a collaboration with Circle Asia Technologies to launch Vietnam's first AI-powered PayLater card, aimed at enhancing user experience and credit access [3] - The AI-powered card is set for a phased rollout in early 2026, designed to improve credit building and financial management for users in Vietnam [4] Group 4: Product Offerings - Visa provides a range of digital payment services, including credit cards, debit cards, prepaid products, and commercial payment solutions [4]
Evercore ISI Maintains an In Line Rating on Visa Inc. (V), Lifts PT to $380 From $375