JP Morgan Maintains Neutral on Marqeta, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tien-Tsin Huang maintains a Neutral rating on Marqeta (NASDAQ:MQ) but lowers the price target from $7 to $6.
August 08, 2024 | 4:19 pm
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JP Morgan analyst Tien-Tsin Huang maintains a Neutral rating on Marqeta but lowers the price target from $7 to $6.
The lowered price target from $7 to $6 by JP Morgan suggests a less optimistic outlook for Marqeta's stock performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100