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Enter Symbol:
Rating: V
Outperform $81
up 61.00 %

Visa, Inc (NYSE: V) reiterated to Outperform with price target $81 by Oppenheimer

Monday,  Jul 20, 2015  11:25 AM ET by Dave Ficere

Oppenheimer reiterated Visa, Inc (NYSE: V) to Outperform with price target $81. Previously Oppenheimer rated Outperform with price target $200 Visa, Inc (NYSE:
V) on 06/04/2013, when the stock price was $45.16. Since then, Visa, Inc's stock price has gained 61% as of 07/20/2015's recent price of $72.85.
If you would have followed the previous Oppenheimer's recommendation on V, you would have gained 61% of your investment in 776 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.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.

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