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Goldman Sachs Downgrades Marqeta (MQ) to Sell, Cuts Price Target
Yahoo Finance· 2025-10-18 09:54
Marqeta, Inc. (NASDAQ:MQ) is one of the 12 Best Fintech Stocks to Buy According to Analysts. On October 13, Goldman Sachs downgraded Marqeta, Inc. (NASDAQ:MQ) from Neutral to Sell and lowered its price target from $7.50 to $5.00 This decision comes after recent changes in Marqeta, Inc.’s (NASDAQ:MQ) relationship with Block, Inc. (XYZ), which is adding a new issuing partner and that will result in Marqeta, Inc. (NASDAQ:MQ) losing processing share for new accounts. Goldman Sachs pointed out that Marqeta, In ...