Visa has received a "Buy" rating from UBS, with a target price of $350.

According to analyst Timothy Chiodo, the volume trends in the first two months of the current fiscal quarter align with the insights from the October interim report.

This assessment was made after a discussion with Visa's chief financial officer during a UBS technology and AI event.

The report, released on December 4, 2024, highlights Visa's positive outlook and reflects confidence in the company's performance despite ongoing market conditions.

This information may be relevant to investors considering their positions in the financial services sector.