Visa Inc. (V) shares rose 0.80% to $328.17, outperforming a declining S&P 500 following a strong fiscal first-quarter earnings beat and positive analyst sentiment.
- The company reported robust quarterly results with revenue reaching $11 billion and earnings per share (EPS) of $3.17.
- Morningstar analysts maintain a bullish outlook on the stock, identifying a significant fair value gap despite flat U.S. retail sales data.
- Visa is prioritizing small business growth through its new "Visa & Main" platform and a $100 million working capital facility.