3 October 2022 | Other

Visa demand trends are positive

Morgan Stanley analysts say that Visa has an overweight rating and has set a target price of $291.

According to analysts, the volume of cross-border travel by Visa in August reached 115% compared to 2019, when this volume was 94%. "Cross-border travel volume supported by recovery of US and Asia-Pacific travel corridors."

“We are encouraged by Hong Kong's announcement of easing quarantine rules at hotels for travelers, as well as Japan's announcement of their reopening of borders for individual travelers. The data we tracked shows a clear acceleration in tourist flow after the lifting of border restrictions ” the analysts concluded.



Company MarketCheese
Period: 30.01.2026 Expectation: 4000 pips
Bitcoin’s uptrend to face significant challenges
Today at 11:51 AM 26
Period: 27.01.2026 Expectation: 550 pips
Buying AUDUSD as it targets bullish breakout on USD weakness
Today at 11:45 AM 37
Lyra_Moonwell1
Lyra_Moonwell1

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Period: 28.02.2026 Expectation: 7000 pips
Selling SPX if Greenland crisis goes on
Today at 10:49 AM 27
Period: 27.01.2026 Expectation: 2200 pips
Tesla stock selloff amid trade uncertainties and regulatory challenges
Today at 09:58 AM 15
Gold buy
Period: 26.01.2026 Expectation: 10000 pips
Gold keeps climbing higher amid escalating geopolitical tensions
Yesterday at 11:47 AM 90
Lyra_Moonwell1
Lyra_Moonwell1

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Brent sell
Period: 28.02.2026 Expectation: 460 pips
Brent crude selloff down to $65.90
Yesterday at 10:56 AM 33
Go to forecasts