Visa Posts Growth, But Currency And Caution Cloud The Story
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Visa Inc (NYSE:V) reported strong fiscal Q1 results with revenues up 14% year-on-year, but left its full-year guidance unchanged, citing currency volatility impacts. Analyst Will Nance maintained a Buy rating but reduced the price target from $417 to $408. Despite a 1% EPS beat, Visa's stock fell 2.01% to $325.11 amid cautious investor sentiment. Management expects low-double-digit net revenue growth for fiscal 2026 and mid-20s non-GAAP earnings, driven by U.S./Global volume growth and revenue diversification.
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