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Visa: Jefferies still on 'hold'

( - On Tuesday, an analyst at Jefferies confirmed a "hold" recommendation on the Visa stock, along with a target price of 170 dollars (just over 5 dollars short of its current price).

"The company noted that the extent to which COVID-19 impacts financial results is highly uncertain and will depend on future events that are challenging to predict, including the duration/severity of the outbreak, and the timing of economic and operating conditions resuming," the broker says.

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