Morgan Stanley Maintains Equal-Weight on Marqeta, Raises Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst James Faucette has maintained an Equal-Weight rating on Marqeta (NASDAQ:MQ) and increased the price target from $4.5 to $5.
November 16, 2023 | 12:53 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Marqeta and raised the price target from $4.5 to $5, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Morgan Stanley suggests a positive sentiment towards Marqeta's stock performance in the short term. This could lead to increased investor confidence and a potential uptick in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100