On Wednesday Stephens & Co. and Oppenheimer cut their target forecasts on Visa Inc as direct effect on reduced consumer spending as a result of the pandemic.
Oppenheimer cut the deepest, lowering their target to $175 from $210. They kept their Outperform rating on the company.
Stephens reduced their target to $192 from $228, and kept their Overweight rating.
STA Research has an average target of $215, and a consensus Strong Buy rating with a mildly bullish sentiment.
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