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VISA INCVISA INCVISA INC

VISA INC

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VISA - Making a nice RUN outside of the predicted channel seen hVISA - Making a nice RUN outside of the predicted channel seen here. 12 month price targets for Visa in the last 3 months. The average price target is $212.45 with a high forecast of $239.00 and a low forecast of $194.00. The average price target represents a 9.79% increase from the last price of $193.50. ------------ NOTES: The last 12 months and Visa (V) has risen 39% already. New highs. Will the run continue?? I think it is possible for sure for eventual growth....as it is only near the lower forecast of $194 minimum levels.... IMO>
NYSE:V
by eziolisi_Investments
VISA - DAILY CHART Hi, today we are going to talk about Visa and its current landscape. As nowadays we live in a consumerist society and access to a credit card has continually become easier to obtain, is reasonable to predict that the card debts are also going to rise too, as financial education isn't the strong point of U.S consumers, and are used to the debt culture. The heat up U.S economy put credit card companies in a more comfortable zone as the unemployment rate remains near to historic lows, which helps customers to keep up with their bills. However, the question that worth to be raised here is, if the 90 days past due card debt is probably surging to 2.01%, the highest level since 2010 amid a heated economy, what is going to happen with this type of debt, once the U.S economy make its first downward movement of correction and make harder for customers pay their credit card bills. Even with the credit card issuers tighten their credit standards, we can't be sure it's going to be enough to avoid a crisis on the sector, which could lead to a flood of bad debt, decline of new credit card issuance and other types of liabilities. This scenario could mean concerning news for Visa if the company doesn't progressively start to deploy the proper countermeasures for this scenario. Thank you for reading and leave your comments if you like. To have access to our exclusive contents, join the Traders Heaven today! Link Below. Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should be used or take it as financial advice.
NYSE:V
by Igor-Silva