Visa, Inc., through its subsidiaries, operates retail electronic payments network worldwide. It facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities in approximately 170 countries and territories. The company owns and operates VisaNet, a global processing platform that provides transaction processing services, primarily authorization, clearing, and settlement. It offers a range of branded payments product platforms, which customers use to develop and offer credit, charge, deferred debit, debit, prepaid, and cash access programs for cardholders. Visa owns a range of payment brands, including Visa, Visa Electron, PLUS, and Interlink, which are licensed to customers for use in their payment programs. In addition, it provides various value-added processing-related services to customers, including fraud and risk management services, dispute management services, information services, and processing services. The company was founded in 1958 and is headquartered in San Francisco, California. Analysts' Recommendation: Buy 30 Days Ago: Buy Analysts' Target: $87 Analysts' Targets Deutsche Bank Securities $93 Buy Thursday, July 31, 2008 BWS Financial $85 Buy Thursday, July 31, 2008 BWS Financial $85 Buy Thursday, July 31, 2008 Morgan Keegan $94 Mkt Perform Tuesday, July 29, 2008 SunTrust Robinson Humphrey $100 Buy Tuesday, May 27, 2008 UBS Securities $100 Buy Thursday, May 01, 2008 Lehman Brothers $85 Overweight Thursday, May 01, 2008 RBC Capital Markets $84 Outperform Tuesday, April 29, 2008 Keefe Bruyette & Woods $80 Outperform Monday, April 14, 2008 Avondale Partners $65 Mkt Outperform Thursday, March 20, 2008
$71.76 (09/06/08)
