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Why Visa Stock Got Cut Up Today
For the fourth day in a row, shares of credit card giant Visa (NYSE: V) continued to decline on Monday, hitting a 3% loss as of 1:20 p.m. ET. You can blame Mizuho Securities for that. On Friday, you see, the Japanese banker downgraded shares of Visa stock from buy to neutral, and slashed its price target on Visa 14% to $220 a share, according to TipRanks.com.