Latest news with #IrisGao
Business Insider
27-05-2025
- Business
- Business Insider
PICC Property & Casualty Co (PPCCF) was downgraded to a Hold Rating at DBS
In a report released today, Iris Gao from DBS downgraded PICC Property & Casualty Co (PPCCF – Research Report) to a Hold, with a price target of HK$15.40. The company's shares closed last Friday at $1.89. Confident Investing Starts Here: According to TipRanks, Gao is a 4-star analyst with an average return of 17.3% and an 86.96% success rate. Gao covers the Financial sector, focusing on stocks such as PICC Property & Casualty Co, American Express, and Mastercard. Currently, the analyst consensus on PICC Property & Casualty Co is a Strong Buy with an average price target of $1.91. The company has a one-year high of $2.06 and a one-year low of $0.93. Currently, PICC Property & Casualty Co has an average volume of 16K.
Yahoo
16-05-2025
- Business
- Yahoo
Visa Inc. (V): DBS Analyst Reiterates Buy Rating, Sets $400 Price Target
We recently covered Visa Inc. (NYSE:V) in . The U.S. stock market had one of the worst starts, at least the worst start to a presidency since 1928. The S&P 500 is just recovering following the latest U.S.-China trade deal update, as both countries have agreed to significantly cut tariffs on each other's imports for 90 days. The S&P 500 index is up by a meagre 0.30% year-to-date, as tech stocks rallied following the tariff reduction. A close-up of a modern payments terminal with a pile of credit cards on the side. During Q2 FY2025, Visa Inc. (NYSE:V) surpassed both the revenue and earnings estimates. The revenue came in at $9.59 billion, up 9% year-over-year and exceeding estimates by $45.32 million. The adjusted earnings were reported at around $2.76 per share, beating estimates by $0.08. Visa Direct processed nearly 2.3 billion transactions in Q2, a 20% growth from a year ago. The increase in transaction volume was driven by partnerships such as Klarna and Afterpay expanding Buy Now, Pay Later (BNPL). Visa continues to grow its acceptance network, expanding over 1 million merchant locations in major markets including India, Mexico, and Brazil. On May 7, Iris Gao from DBS reiterated a Buy rating on Visa with a price target of $400. The analyst remains optimistic regarding Visa as the company continues to be a leader in payment card services. Overall, V ranks 7th on our list of best major stocks to buy according to billionaires. While we acknowledge the potential of V to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that has gone up since the beginning of 2025, while popular AI stocks have lost around 25%. If you are looking for an AI stock that is more promising than V but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. Disclosure: None. This article is originally published at . Sign in to access your portfolio
