Evercore ISI Maintains an In Line Rating on Visa Inc. (V), Lifts PT to $380 From $375

Visa Inc. (NYSE:V) is one of the most profitable NYSE stocks to buy right now. On December 12, Evercore ISI maintained an In Line rating on Visa Inc. (NYSE:V) and lifted the price target to $380 from $375. The firm also added the stock to its “Tactical Outperform” list going into the year-end and the Q4 earnings season.

In addition to Evercore ISI, BofA also upgraded Visa Inc. (NYSE:V) to Buy from Neutral on December 11 and set a $382 price target. The firm told investors that it sees the company’s shares to offer a “very attractive return potential” after the recent underperformance, and believes stablecoins to be an opportunity, with “manageable” regulatory and litigation risks. It also considers Visa Inc. (NYSE:V) to be “a premier business.”

In a separate development, Visa Inc. (NYSE:V) announced the appointment of Najada Kumbuli as the President of Visa Foundation, effective immediately, on December 11. Kumbuli would be responsible for the management of the Visa Foundation’s impact investing and grantmaking with guidance from the Board, and would also serve as the company’s head of global philanthropy.

Additionally, Visa Inc. (NYSE:V) and Pismo announced on December 3 a joint strategic collaboration with Circle Asia Technologies for unlocking credit for millions in Vietnam. Circle Asia Technologies is a pioneering credit-led neobank in Southeast Asia, and the collaboration would allow it to launch the country’s first truly AI-powered PayLater card aimed at setting new standards for user experience, transparency, and personalization in the financial industry.

The card is powered by AI and is set for a phased rollout in early 2026. It would allow users a seamless way to build credit with instant approval, manage their finances with ease, and make payments across the globe, dismantling the roadblocks leading to Vietnam’s low credit card penetration.

Visa Inc. (NYSE:V) provides digital payment services. It offers credit cards, debit cards, prepaid products, global automated teller machines, and commercial payment solutions.

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Disclosure: None. This article is originally published at Insider Monkey.