Goldman Sachs Assumes Marqeta at Neutral, Announces Price Target of $5.5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Will Nance has assumed coverage of Marqeta (NASDAQ:MQ) with a Neutral rating and set a price target of $5.5.
June 24, 2024 | 10:49 am
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NEUTRAL IMPACT
Goldman Sachs analyst Will Nance has assumed coverage of Marqeta with a Neutral rating and set a price target of $5.5.
The Neutral rating suggests that Goldman Sachs does not expect significant short-term movement in Marqeta's stock price. The price target of $5.5 provides a specific valuation benchmark, but the neutral stance indicates a balanced view of potential risks and rewards.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100