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Fly News Breaks for September 20, 2018
SQ
Sep 20, 2018 | 07:58 EDT
Stifel analyst Scott Devitt said he expects continued momentum from larger sellers as Square's retail ecosystem keeps evolving and he thinks the company's partnership efforts are expanding its reach and potential for cross- and up-selling. Devitt raised his intermediate and long-term revenue forecasts for Square and increased his price target on the shares to $100 from $76. He maintains a Buy rating on Square shares.
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