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BMO Raises Visa Price Target to $425 Ahead of Earnings

BMO Capital raised its Visa price target to $425 from $405 and maintained an Outperform rating. The firm expects revenue and earnings growth to prove more enduring than investors anticipate.

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Visa Inc. (V) shares drew attention on Thursday after BMO Capital lifted its price target to $425 from $405, while keeping its ‘Outperform’ rating. The Fly reported that BMO expects Visa’s revenue and earnings growth to last longer than investors anticipate, supported by higher-growth new…