Citi Initiates Coverage on Visa (V) with Buy Rating
Visa Inc. (NYSE:V) is one of the 10 Best Dow Stocks to Buy According to Wall Street Analysts. On October 23, Citi initiated coverage on Visa Inc. (NYSE:V), giving the stock a Buy rating with a $450 price target. Citi’s analyst pointed out that Visa Inc.’s (NYSE:V) large network, strong position in payment processing, and high-value brand are “formidable moats” that make the company “highly defendable.” Citi Initiates Coverage on Visa (V) with Buy Rating Additionally, Citi’s analyst believes that solid o ...