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
Gold buy
Period: 31.01.2026 Expectation: 150 pips
Buying gold on dips with $4,500 target
30 December 2025 280
Period: 06.01.2026 Expectation: 2900 pips
Tesla stock selloff on forecasts of declining deliveries and earnings
30 December 2025 129
Lyra_Moonwell1
Lyra_Moonwell1

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Period: 16.01.2026 Expectation: 1000 pips
AUDUSD is consolidating ahead of renewed upside
30 December 2025 116
Period: 06.01.2026 Expectation: 3125 pips
Selling BTCUSD due to lack of momentum after December consolidation
30 December 2025 79
Period: 15.01.2026 Expectation: 100 pips
Investing in SPX from $6,870
30 December 2025 84
Period: 09.01.2026 Expectation: 7500 pips
Silver rally stalls as prices push past $80
29 December 2025 131
Go to forecasts