Truist Raises PT on Visa (V) Stock

Visa Inc. (NYSE:V) is one of the Best Fundamentally Strong Stocks to Buy Now. On May 12, Truist analyst Matthew Coad lifted its price objective on the company’s stock to $371 from $361 and kept a “Buy” rating on the shares. This forms part of the research note on the Payments sector after the Q1 results. As per the analyst, the firm upped its top-line estimates. This demonstrates healthier expectations for the Data Processing and Other Revenue segments that are being aided by improved pricing, robust demand for marketing-related value-added services related to the upcoming FIFA World Cup, among other factors.

Truist Raises PT on Visa (V) Stock

Visa Inc. (NYSE:V) stated that its net revenue in Q2 2026 came in at $11.2 billion, reflecting a rise of 17%, thanks to the YoY growth in payments volume, cross-border volume, and processed transactions. Notably, its net revenue rose 16% on a constant-dollar basis. Total processed transactions, demonstrating the transactions processed by Visa, for Q2 2026 were 66.1 billion, up by 9% YoY.

Visa Inc. (NYSE:V) operates as a payment technology company.

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