Marqeta, Inc. (NASDAQ: MQ) is rated as one of the 13 Best American Penny Stocks to Invest In, with JPMorgan giving it an Overweight rating and a price target of $6 on February 17. The company is expected to report Q4 results on February 24, with JPMorgan expecting 16% gross profit growth. Mizuho downgraded Marqeta on January 8 due to rising competition in the payment processing industry. Wolfe Research also downgraded Marqeta on the same day. Marqeta is a financial technology company that provides a modern open API platform for businesses to issue cards and process payments.

Read more at Yahoo Finance: What Wall Street Thinks About Marqeta (MQ)