UBS raised the firm’s price target on Marqeta (MQ) to $5 from $4.75 and keeps a Neutral rating on the shares. Marqeta delivered Q1 results slightly ahead of expectations across both gross profit and EBITDA, and reiterated the fiscal 2025 gross profit guidance, the analyst tells investors in a research note.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MQ: