Barclays downgrades WEX, Marqeta on growth concerns

Investing.com12-17

Investing.com -- Barclays downgraded Wex Inc (NYSE:WEX) and Marqeta Inc (NASDAQ:MQ) to equal weight from overweight, citing growth headwinds in both companies. For WEX, Barclays (LON:BARC) lowered its...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2492965404?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-17 22:41","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2492965404","market":"us","top_or_hot":-1,"title":"Barclays downgrades WEX, Marqeta on growth concerns","media":"Investing.com","content":"<div>\n<p>Investing.com -- Barclays downgraded Wex Inc (NYSE:WEX) and Marqeta Inc (NASDAQ:MQ) to equal weight from overweight, citing growth headwinds in both companies.\nFor WEX, Barclays (LON:BARC) lowered its...</p>\n\n<a href=\"https://finance.yahoo.com/news/barclays-downgrades-wex-marqeta-growth-144129869.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Barclays downgrades WEX, Marqeta on growth concerns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBarclays downgrades WEX, Marqeta on growth concerns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-17 22:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/barclays-downgrades-wex-marqeta-growth-144129869.html><strong>Investing.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investing.com -- Barclays downgraded Wex Inc (NYSE:WEX) and Marqeta Inc (NASDAQ:MQ) to equal weight from overweight, citing growth headwinds in both companies.\nFor WEX, Barclays (LON:BARC) lowered its...</p>\n\n<a href=\"https://finance.yahoo.com/news/barclays-downgrades-wex-marqeta-growth-144129869.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WEX","symbol_name":"Wex Inc","start_time":0,"source_url":"https://finance.yahoo.com/news/barclays-downgrades-wex-marqeta-growth-144129869.html","article_id":"2492965404","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492965404","pubTimestamp":1734446489,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Investing.com --Barclays downgraded Wex Inc  and Marqeta Inc to equal weight from overweight, citing growth headwinds in both companies.For WEX, Barclays  lowered its price target to $200 from $207. Brokerage flagged slowing growth in the U.S. fuel card market and persistent yield pressure in corporate payments.Barclays sees near-term challenges from volatile fuel prices and weaker client demand, with further clarity needed on normalized growth rates.For Marqeta, the price target was cut to $4 from $5. Barclays pointed to regulatory delays weighing on revenue growth and moderating tailwinds from high-growth verticals. The brokerage also flagged Marqeta’s slow progress toward profitability and revenue diversification.Barclays said it would turn more constructive on both stocks once growth stabilizes and key pressures ease.Though it was bullish on the fintech sector as analyst said “Sector sentiment is finally improving, as valuations appear to be trending back toward average historical ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"WEX":"Wex Inc","MQ":"Marqeta, Inc."},"translate_title":"巴克莱因增长担忧下调WEX和Marqeta评级","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MQ":1,"WEX":1},"content_text":"Investing.com -- Barclays downgraded Wex Inc (NYSE:WEX) and Marqeta Inc (NASDAQ:MQ) to equal weight from overweight, citing growth headwinds in both companies.\nFor WEX, Barclays (LON:BARC) lowered its price target to $200 from $207. Brokerage flagged slowing growth in the U.S. fuel card market and persistent yield pressure in corporate payments.\nBarclays sees near-term challenges from volatile fuel prices and weaker client demand, with further clarity needed on normalized growth rates.\nFor Marqeta, the price target was cut to $4 from $5. Barclays pointed to regulatory delays weighing on revenue growth and moderating tailwinds from high-growth verticals. The brokerage also flagged Marqeta’s slow progress toward profitability and revenue diversification.\nBarclays said it would turn more constructive on both stocks once growth stabilizes and key pressures ease. \nThough it was bullish on the fintech sector as analyst said “Sector sentiment is finally improving, as valuations appear to be trending back toward average historical levels.”  \nBarclays named Block Inc, PayPal (NASDAQ:PYPL), Corpay Inc, Global Payments (NYSE:GPN) Inc its top pick in the sector.\nRelated Articles\nBarclays downgrades WEX, Marqeta on growth concerns\nUS offers PG&E up to $15 billion conditional loan for climate resilience\nDisney announces Bluey movie set for 2027","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492965404"}