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Visa (V) Stock News: Shares Set a Record as BMO Lifts Target and China Clears a Clearing License Plan

Steven Levine, Founder of TickerPosts and OpenClassActions.com1 min read
A man in glasses holding a payment card while looking at his phone.
Illustrative photo by Vitaly Gariev on Pexels

Visa shares set a record on October 15, trading as high as $403.21 and closing at $399.75, about 11% above the September 30 close, according to TIKR.

The analyst move

Reports of BMO’s note describe a price target of $425, raised from $405, with an Outperform rating. The firm’s case, as reported, rests on value-added services growth continuing in the high 20% range. Across the Street, the mean target is near $422 with the large majority of ratings at Buy or Outperform.

The China development

The People’s Bank of China approved Visa’s plan to set up a domestic bank card clearing business, TIKR reported. Visa must complete preparatory work within a year before applying for the operating license itself. Mastercard received a comparable approval earlier and has since begun domestic processing through a joint venture.

Why it matters for the stock

For readers following V, the record high arrived while earnings estimates were little changed, so the move is multiple expansion ahead of the October 27 report. China is a long-dated opportunity: a clearing license allows domestic transactions, which Visa has never processed on the mainland, but revenue would be years away and subject to further approvals.

Published October 21, 2026. Informational reporting, not investment advice. Analyst ratings and targets are the opinions of the firms named, as reported by the cited sources, and can change without notice. TickerPosts has no view on any target.

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