Visa Inc. (V) – Analysts May be Wary but Their Price Targets Just Keep Rising
When a company is working on all cylinders, there is little that can be done to slow it down. The company’s bread and butter sales may be having a difficult time, but there’s cash to muddle through. The company’s working partners are happy, the board is happy, and, most of all, shareholders are happy. Visa Inc., a retail electronic payments network, works to process the world’s retail financial transactions for credit cards, ATM’s and debt payments. As a newly traded company, the financial markets are still working to determine some sort of “standard” by which to judge the company’s performance.…