Keefe, Bruyette & Woods Maintains Market Perform on Marqeta, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Sanjay Sakhrani maintains a Market Perform rating on Marqeta (NASDAQ:MQ) but lowers the price target from $7 to $6.
July 08, 2024 | 12:03 pm
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NEGATIVE IMPACT
Keefe, Bruyette & Woods analyst Sanjay Sakhrani maintains a Market Perform rating on Marqeta but lowers the price target from $7 to $6.
The lowered price target from $7 to $6 by a reputable analyst firm suggests a negative outlook on Marqeta's short-term performance, likely leading to a decrease in investor confidence and a potential drop in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100