FTSE 100 LIVE: European markets make shaky start as oil prices dip
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 21 2024
0mins
Source: Yahoo Finance
- FTSE and European Markets Decline: FTSE 100 and European markets dropped following Asian indices due to falling oil prices and mixed Wall Street performance.
- Asian Stock Indexes in the Red: Asian stock indexes closed lower as traders aimed to profit amidst rising commodity prices like copper, gold, and silver.
- JPMorgan CEO Retirement Speculation: JPMorgan stock fell after CEO Jamie Dimon hinted at a closer retirement timeline during an investment day event.
- US Stock Market Update: US stocks saw mixed movements with Nasdaq reaching a record high, S&P 500 rising, and Dow Jones dipping below 40,000 influenced by JPMorgan shares.
- Federal Reserve Interest Rate Speculation: Investors are optimistic about a potential Federal Reserve interest rate cut despite policymakers' caution, leading to record highs in the S&P 500.
Analyst Views on V
Wall Street analysts forecast V stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for V is 406.59 USD with a low forecast of 330.00 USD and a high forecast of 450.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
25 Analyst Rating
23 Buy
2 Hold
0 Sell
Strong Buy
Current: 326.360
Low
330.00
Averages
406.59
High
450.00
Current: 326.360
Low
330.00
Averages
406.59
High
450.00
About V
Visa Inc. is a global payments technology company. It facilitates global commerce and money movement across more than 200 countries and territories among a global set of consumers, merchants, financial institutions and government entities through technologies. It operates through the Payment Services segment. It provides transaction processing services (primarily authorization, clearing and settlement) to its financial institution and merchant clients through VisaNet, its proprietary advanced transaction processing network. It offers a range of Visa-branded payment products that its clients, including nearly 14,500 financial institutions, use to develop and offer payment solutions or services, including credit, debit, prepaid and cash access programs for individual, business and government account holders. It also provides value-added services to its clients, including issuing solutions, acceptance solutions, risk and identity solutions, open banking solutions and advisory services.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








