Keybanc Maintains Overweight on Marqeta, Raises Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Alex Markgraff has maintained an Overweight rating on Marqeta (NASDAQ:MQ) and increased the price target from $7 to $8. This adjustment reflects a positive outlook on the company's stock.
January 08, 2024 | 9:39 am
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Keybanc analyst Alex Markgraff reaffirmed an Overweight rating on Marqeta and raised the price target to $8, indicating a bullish stance on the stock.
The increase in price target by a reputable analyst typically signals confidence in the company's future performance and can lead to a positive short term impact on the stock price as investors react to the news.
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