Visa Is Being Squeezed by Crypto and Digital Wallets. What to Watch. – Barrons

Visa is feeling the heat from payments startups, digital wallets, and crypto—and Wall Street is starting to worry.

Mizuho analyst Dan Dolev downgraded shares of Visa (ticker: V) from a Buy to a Neutral rating on Friday and cut his price target from $255 to $220, citing threats to the company’s growth.

“We are concerned that secular challenges…

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