Jefferies Maintains a Bullish Stance on Visa (V)

Visa Inc. (NYSE:V) is one of the best dividend stocks in the financial sector. On November 24, Trevor Williams, a Jefferies analyst, assigned a Buy recommendation on Visa. Williams set a price target of $410 on the stock.

In a different business update, dated November 25, Visa made an agreement with the M7 World Championship, which is its initial foray into Mobile Legends: Bang Bang (MLBB) e-sports. MLBB remains one of the most famous mobile games worldwide. Visa, being its official payment partner, will improve payment gateways to provide secure transactions. The step fits into the company’s broader strategy to connect with youth and expand financial inclusion using technology.

Visa is partnering with MOONTON Games to allow MLBB users access to seamless esports experiences. As roughly 60% of MLBB’s 1.5 billion players range between the ages of 19 to 32, the collaboration goes beyond just gaming. It also supports young players by making their digital transactions safer and smoother.

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