Barclays Maintains Overweight on Marqeta, Raises Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ramsey El-Assal has maintained an Overweight rating on Marqeta (NASDAQ:MQ) and increased the price target from $7 to $8.
January 16, 2024 | 5:37 pm
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Barclays analyst Ramsey El-Assal has reaffirmed Marqeta's Overweight rating and raised the price target from $7 to $8, indicating a positive outlook on the stock.
The increase in price target by a major analyst like Barclays typically signals confidence in the company's future performance and can lead to increased investor interest and a potential rise in the stock price in the short term.
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