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Goldman Sachs Rates Marqeta Neutral, Sets $5.50 Target

Goldman Sachs rates Marqeta "Neutral" with a $5.50 target due to high valuation but notes promising growth in early wage access and Walmart partnership.

by Mark Eisenberg
Mon, Jun 24, 2024 3:19pm
in Investing
• 2 mins read
13.9k
Goldman Sachs Rates Marqeta Neutral, Sets .50 Target | FinOracle

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Goldman Sachs Targets Marqeta Stock, Rates Neutral

On Monday, Goldman Sachs began keeping track of shares in Marqeta Inc., a company known for providing financial technologies. They rated Marqeta's stock as "Neutral" and set a price target of $5.50. This means they think it's neither a strong buy nor a strong sell at this time.

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