Analyst Expectations For Marqeta's Future
Portfolio Pulse from Benzinga Insights
Analysts' ratings for Marqeta (NASDAQ:MQ) over the last quarter show mixed sentiments, with 2 bullish, 1 somewhat bullish, and 2 indifferent ratings. The average 12-month price target has decreased from $8.00 to $6.6. Key analysts from firms like Goldman Sachs, Mizuho, Barclays, Wedbush, and Monness, Crespi, Hardt have updated their ratings and price targets, reflecting varied expectations for Marqeta's future performance.

June 24, 2024 | 2:00 pm
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Analysts' ratings for Marqeta (NASDAQ:MQ) show mixed sentiments with a decrease in the average 12-month price target from $8.00 to $6.6. Key analysts from Goldman Sachs, Mizuho, Barclays, Wedbush, and Monness, Crespi, Hardt have updated their ratings and price targets.
The mixed analyst ratings and the decrease in the average 12-month price target indicate uncertainty about Marqeta's future performance. While some analysts remain bullish, others have lowered their price targets, reflecting concerns about the company's recent financial performance and growth potential.
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IMPORTANCE 80
RELEVANCE 100