Berenberg Upgrades Marqeta to Buy, Raises Price Target to $8
Portfolio Pulse from richadhand@benzinga.com
Berenberg analyst Mark Palmer has upgraded Marqeta (NASDAQ:MQ) from Hold to Buy and raised the price target from $5 to $8.
August 09, 2023 | 12:14 pm
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Marqeta's stock has been upgraded to Buy from Hold by Berenberg, with a raised price target of $8, up from $5.
The upgrade from Hold to Buy indicates a positive outlook for Marqeta's stock. The raised price target from $5 to $8 suggests that the analyst expects the stock to perform well in the short term. This could potentially lead to an increase in the stock's price.
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IMPORTANCE 80
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