Visa's stock surged 5% intraday on Thursday, outperforming the broader market, following an upgrade by Bank of America Securities from Neutral to Buy. The bank cited attractive return potential and set a price target of $382, reflecting confidence in the company's growth prospects.

The upgrade comes as Visa continues to demonstrate resilience in its payment processing business, with analysts highlighting its strong market position and potential for sustained revenue growth. The stock's rally contributed significantly to the Dow Jones Industrial Average's gains during the session.