Baird Raises Visa Price Target to $412, Signaling 15.3% Upside
V•Robert W. Baird lifted Visa's price target to $412 from $370, implying a 15.3% upside based on a $357.25 share price. Wall Street holds an average recommendation of 1.31 as Visa beat Q2 estimates with $3.31 EPS vs $3.09, justifying its inclusion in growth portfolios.
1. Baird Raises Price Target to $412
On July 6, Robert W. Baird raised its target on Visa shares to $412 from $370, implying a 15.33% upside relative to the $357.25 closing price and reflecting confidence in transaction volume growth.
2. Widespread Strong Buy Ratings
Visa’s average brokerage recommendation stands at 1.31 from 39 firms, with 31 assigning Strong Buy and four assigning Buy grades, highlighting consensus confidence in its business momentum.
3. Quarterly EPS Exceeds Forecasts
The company reported $3.31 in earnings per share versus $3.09 expected in the latest quarter—a 7.1% surprise—contributing to a 4.04% average surprise over the past two quarters and demonstrating consistent profit delivery.
