Raymond James raised the firm's price target on Visa to $389 from $380 and keeps an Outperform rating on the shares. Visa reported strong Q2 results, with revenue and EPS beating expectations and organic growth reaching its highest level since 2022, driven by robust value-added services and accelerating U.S. payment volumes, the analyst tells investors in a research note. The company raised its FY26 outlook and provided a strong Q3 guide above consensus, supporting continued upward revisions to earnings estimates and reinforcing a favorable risk-reward profile despite macro-related volatility in cross-border volumes, the firm says.
