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Enter Symbol:
 
Visa, Inc (V) [hlAlert]

Rating:
Mkt Outperform
V
up 389.85 %

Visa, Inc (V) rated Mkt Outperform with price target $65 by Avondale Partners

Posted on: Thursday,  Mar 20, 2008  10:25 AM ET by Avondale Partners

Avondale Partners rated Mkt Outperform Visa, Inc (NYSE: V) on 03/20/2008, when the stock price was $14.78.
Since then, Visa, Inc has gained 389.85% as of 12/16/2015's recent price of $72.40.
If you would have followed this Avondale Partners's recommendation on V, you would have gained 389.85% of your investment in 2827 days.

Visa Inc. is a retail electronic payments network. The Company facilitates global commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses and government entities. Its primary customers are financial institutions, for which it provides processing services and payment product platforms, including platforms for consumer credit, debit, prepaid and commercial payments. The Company has three business operations: transaction processing services, product platforms and payments network management. In October 2007, the Company completed the series of transactions, in which Visa U.S.A., Visa International, Visa Canada and Inovant became direct or indirect subsidiaries of Visa Inc. Visa Europe did not become a subsidiary of Visa Inc., but rather remained owned and governed by its European member financial institutions and entered into a set of contractual arrangements with the Company in connection with the reorganization.

Avondale’s research analysts are charged with producing high quality, independent, value-added, and timely investment analysis / advice. The firm’s strategy is to deemphasize maintenance research, and instead direct the overwhelming majority of our efforts on developing well-constructed, actionable recommendations, in part by leveraging proprietary networks of industry contacts. Avondale’s growing research department now totals 25 professionals. Senior analysts average 14 years of industry experience and are routinely recognized by a variety of nationally known rating entities. In the last two years, Avondale Analysts were named to the Wall Street Journal’s Best on the Street poll as well as Forbes.com’s Top Analyst Rankings.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/20/2008 10:25 AM Buy
None
14.78 16.25
as of 12/24/2008
1 Week up  4.10 %
1 Month up  12.64 %
3 Months up  36.23 %
1 YTD up  15.11 %

(*) Stock Price at the time of the recommendation.
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