Jefferies Raises Visa (V) Price Target, Maintains Buy Rating

In a research note on May 27, Jefferies increased its price target on Visa Inc. (NYSE: V) to $410 from $400, reiterating its Buy rating on the stock.

The move follows stronger quarter-to-date trends and diminishing concerns over U.S. inbound travel, which had previously been flagged as a potential headwind. In a note to investors, the firm said Visa and Mastercard both appear to be on solid footing, with little near-term controversy or debate surrounding their fundamentals. This confidence stems from improved transaction trends and steady cross-border volumes, signaling resilience in the payments sector.

However, Jefferies also pointed out that much of the recent optimism may already be reflected in both companies’ strong year-to-date stock performance and elevated valuations. As a result, while the underlying business trends remain healthy, the firm acknowledged that the near-term upside for Visa shares may be less straightforward from here.

Still, Jefferies views Visa Inc. (NYSE: V) as well-positioned in the long term, supported by its global reach, robust payment infrastructure, and exposure to ongoing growth in digital commerce. With travel-related concerns easing and consumer spending holding up, Visa remains a core holding for investors looking to tap into the broader shift toward electronic payments.

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