Visa shares traded slightly higher Wednesday after RBC Capital Markets analyst Daniel R. Perlin reiterated an Outperform rating and maintained a $395 price target. Visa beat second-quarter expectations with adjusted earnings of $2.76 per share and $9.59 billion in revenue, slightly above analyst forecasts. Perlin noted steady U.S. spending volumes and improved April trends despite a modest slowdown in cross-border activity. Visa kept its full-year 2025 guidance unchanged, with management open to adjustments if needed.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Visa shares traded slightly higher Wednesday after RBC Capital Markets analyst Dan R. Perlin
00:07reiterated an outperform rating and maintained a $395 price target. Visa beat second quarter
00:12expectations with adjusted earnings of $2.76 per share and $9.5 billion in revenue,
00:19slightly above analyst forecasts. Perlin noted steady U.S. spending volumes and improved April
00:24trends despite a modest slowdown in cross-border activity. Visa kept its full year 2025 guidance
00:29unchanged with management open to adjustments if needed. For all things money, visit Benzinga.com
00:35slash GSTV.