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Marqeta price target raised to $5 from $4.75 at UBS

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.

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