1245 ET - Visa shares are up 5% to $341.30, following an upgrade to buy from neutral at BofA Securities with comments that it's undervalued. Visa is one of two S&P 500 companies that has delivered 10%-plus revenue and EPS growth and 50%-plus operating margins since 2021, yet the stock has underperformed the S&P 500 by 25% or more since June, the analysts say. On top of that, stablecoins are a growth opportunity for Visa, as BofA thinks stablecoin will be used more for cross-border business-to-business payments, rather than causing consumers to shift away from card payments. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
December 11, 2025 12:45 ET (17:45 GMT)
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