V | 29 April 2024 | AI Stock Analysis & News

Visa Inc. stock price dropped after a decrease in trading volume.

Stock AI’s forecasts:
🔴 -5.8% short-term ⬇️
🟢 +0.9% long-term ⬆️

Stock AI’s (V) Forecast get (+5.1% Profit)

StockAI’s analysis delivers real-world results. On 14 March 2024, $V ($285.6), StockAI predicted a long-term 🔴 sell signal. It was accurate: 1 month later price dropped to $271.0 (🔴-5.1%). Selling V on this signal yielded a +5.1% profit 💰💰.

V-Visa Inc. News

🟢 Xponance Inc. grew its stake in Visa Inc. (NYSE:V) by 0.1% in the fourth quarter.
🔴 Valley National Advisers Inc. raised its stake in Visa Inc. by 7.0% during the fourth quarter.
🔴 First Bancorp Inc. ME cut its stake in Visa Inc. by 1.3% during the 4th quarter.
🔴 Financial Management Network Inc. lowered its stake in Visa Inc. by 0.6% during the fourth quarter.
🟢 Prosperity Wealth Management Inc. trimmed its position in Visa Inc. by 10.7% during the 4th quarter.
🔴 Coerente Capital Management lowered its position in Visa Inc. by 0.4% during the fourth quarter.

Visa Inc. stock has seen a mix of positive and negative news recently which has impacted its price. The increase in stake by Xponance Inc. and Valley National Advisers Inc. could indicate confidence in the company’s performance, potentially leading to a price increase. However, the reduction in stake by First Bancorp Inc. ME, Financial Management Network Inc., and Coerente Capital Management may have a negative impact on the stock price.

Overall, the market sentiment towards Visa Inc. seems to be slightly bearish due to the higher number of institutions reducing their stakes compared to those increasing them. Investors may want to keep an eye on further developments and announcements from the company to gauge the future direction of the stock price.

V-Visa Inc. Analyst Ratings

📉 TD Cowen began coverage on shares of Visa (NYSE:V) with a buy rating and a $320.00 price objective.
📈 Citigroup raised the price target on Visa (NYSE:V) stock from $280.00 to $300.00 with an outperform rating.
📉 Analysts at Wedbush increased their price target on Visa (NYSE:V) from $280.00 to $300.00 and maintained an outperform rating.

1. ETFDailyNews – TD Cowen
2. ETFDailyNews – Citigroup
3. ETFDailyNews – Wedbush


Investors may consider the AI predictions and news summaries as one factor in their investment decisions alongside their own research and risk tolerance.

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