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Analysts’ Opinions Are Mixed on These Technology Stocks: Marqeta (MQ) and Stoneco (STNE)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Marqeta (MQResearch Report) and Stoneco (STNEResearch Report).

Marqeta (MQ)

In a report issued on January 12, Ramsey El Assal from Barclays maintained a Buy rating on Marqeta, with a price target of $8.00. The company’s shares closed last Friday at $6.26.

According to TipRanks.com, Assal is a 4-star analyst with an average return of 3.6% and a 54.5% success rate. Assal covers the Technology sector, focusing on stocks such as TELUS International (CDA), Fidelity National Info, and Fleetcor Technologies.

Currently, the analyst consensus on Marqeta is a Moderate Buy with an average price target of $6.82, implying a 7.6% upside from current levels. In a report issued on January 8, KeyBanc also maintained a Buy rating on the stock with a $8.00 price target.

See today’s best-performing stocks on TipRanks >>

Stoneco (STNE)

In a report issued on January 12, John Coffey from Barclays maintained a Hold rating on Stoneco, with a price target of $17.00. The company’s shares closed last Friday at $17.11, close to its 52-week high of $18.61.

According to TipRanks.com, Coffey is a 1-star analyst with an average return of -9.1% and a 40.9% success rate. Coffey covers the Technology sector, focusing on stocks such as Pagseguro Digital, Nuvei Corp, and DLocal.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Stoneco with a $17.00 average price target.

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