Last week, Macquarie’s 3Q25 operational update was reasonably well received, and the stock has remained within striking distance of its all-time high while, at the same time, a number of its local peers have fallen away – a potential switch, if the elastic band continues to stretch, is touched on later.
- We can see MQG rotating in the $220-$250 area through 2025; MM hold MQG in our Active Growth Portfolio.
MM is long and cautiously bullish MQG
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