Mizuho Maintains Buy on Marqeta, Raises Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Anthony Crowdell has reaffirmed a Buy rating on Marqeta (NASDAQ:MQ) and increased the price target from $7 to $8.
November 20, 2023 | 3:51 pm
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Mizuho analyst Anthony Crowdell maintains a Buy rating on Marqeta and raises the price target from $7 to $8, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a positive sentiment towards the company's stock and can lead to a short-term increase in stock price as investors react to the news. The maintenance of a Buy rating alongside the price target raise further reinforces the analyst's confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100