B of A Securities Initiates Coverage On Marqeta with Neutral Rating, Announces Price Target of $5
Portfolio Pulse from richadhand@benzinga.com
B of A Securities analyst Jason Kupferberg initiates coverage on Marqeta (NASDAQ:MQ) with a Neutral rating and a price target of $5.

June 01, 2023 | 3:13 pm
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NEUTRAL IMPACT
Marqeta (NASDAQ:MQ) receives a Neutral rating and a $5 price target from B of A Securities analyst Jason Kupferberg.
The initiation of coverage by B of A Securities with a Neutral rating and a $5 price target for Marqeta (NASDAQ:MQ) is likely to have a neutral short-term impact on the stock price. The rating suggests that the analyst sees the stock as fairly valued at current levels, and the price target is in line with the current market price. This news may not drive significant price movement in the short term, but it does provide investors with an additional data point to consider when evaluating the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100