Wells Fargo Reiterates Buy on Visa (V) Amid Expansion Announcements and Proposal Rejections

Visa Inc. (NYSE:V) is one of the 13 High-Quality S&P 500 Financial Stocks According to Hedge Funds.

On February 19, 2026, Wells Fargo reiterated a Buy rating on Visa Inc. (NYSE:V) and a price target of $412.

Separately, on the same day, Visa Inc. (NYSE:V) announced a multi-year renewal and expansion of its partnership with Oracle Red Bull Racing and Visa Cash App Racing Bulls. The agreement, which extends through 2030, increases Visa’s branding on vehicles in addition to securing exclusive retail banking rights. The company’s Chief Marketing Officer gave the following statement.

Both Red Bull Formula 1 Teams give us a dynamic global platform to connect with fans, clients and cardholders in powerful, authentic ways — and this next chapter expands how we show up across the sport.

In another development, on February 20, 2026, Bloomberg reported that Mexico’s National Antitrust Commission rejected Visa’s proposal to acquire a 51% stake in the payment processor Prosa. The regulator ruled that the deal posed a potential threat to competition because it could grant Visa excessive market control and access to sensitive data on rivals like Mastercard. Visa Inc. (NYSE:V), however, stated that the merger would have modernized Mexico’s digital payment infrastructure.

Founded in 1958, Visa Inc. (NYSE:V) is a leader in digital payments that facilitates electronic funds transfers across 200+ countries and processes over $15 trillion in annual volume. Its headquarters is in California.

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