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Visa: Jefferies still a buyer after results

( - Jefferies reinstates its "buy" rating on the Visa stock, along with its target price of 245 dollars (nearly 18% upside), the day after the company published Q1 results that were in line with the consensus, with EPS of 1.
46 dollar.

"In-line result likely causes N-T breather for the stock," the broker acknowledges, although it nevertheless says "we have confidence in underlying trends" for the payment solutions giant.

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