Truist Lowers Visa Inc. (V) Target but Stays Bullish

Core Insights - Visa Inc. is recognized as one of the most profitable financial stocks, with recent price target adjustments reflecting market expectations for its performance [1][3] Group 1: Price Target Adjustments - Truist has reduced its price target for Visa Inc. from $392 to $374 while maintaining a Buy rating, indicating a cautious outlook ahead of Q4 earnings [1] - UBS has reiterated a Buy rating with a price target of $425, projecting modest net revenue growth for Visa in FY26, despite the absence of previous growth drivers [3] Group 2: Earnings Expectations - The upcoming quarter's results are anticipated to be strong, although year-over-year comparisons may present challenges that could limit volume-related outperformance [2] - Management teams may attempt to lower market expectations by reaffirming initial guidance, which could impact stock performance [2] Group 3: Company Overview - Visa Inc. is a leading payments technology company based in California, founded in 1958, serving clients across over 200 countries and territories [4]