Visa Is Down 14% This Year While Analysts See 33% Upside From Here

Visa Is Down 14% This Year While Analysts See 33% Upside From Here

Quick Read Visa (V) posted Q1 revenue of $10.9B, up 15% year over year, with payment volume growth of 8% and processed transactions reaching 69.4 billion, even as shares have fallen 14% year to date and Wall Street consensus price target sits at $399, implying 33% upside. Consumer sentiment weakness and slowing retail sales are creating a disconnect between Visa’s strong payment processing volumes and its depressed stock price, with Q2 results…