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Fly News Breaks for July 12, 2019
SQ
Jul 12, 2019 | 06:35 EDT
Citi analyst Peter Christiansen recommends buying shares of Square after his analysis pointed to improving momentum. Square is delivering on accelerating the pace of product development, Christiansen tells investors in a research note. Further, he believes Square Card, the debit card for business, will likely increase Seller platform engagement and indirect opportunities with Square Capital. The analyst keeps a Buy rating on the shares with a $90 price target.
News For SQ From the Last 2 Days
SQ
Mar 27, 2024 | 06:23 EDT
KeyBanc raised the firm's price target on Block to $95 from $80 and keeps an Overweight rating on the shares after it surveyed 100-plus SMBs in March 2024 who indicated a deceleration in IT spend growth in 2024.The firm cites a healthy market share lead among respondents using POS software and "consideration for SQ as a CRM tool."