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Fly News Breaks for February 27, 2020
SQ
Feb 27, 2020 | 08:12 EDT
Needham analyst Mayank Tandon raised the firm's price target on Square to $105 from $80 and keeps a Buy rating on the shares. The analyst says the company's Q4 results were "impressive" with beats on the top and bottom line, with upside driven by strong gross payment volume trends along with "notable strength" seen in its CashApp and Capital segments. Tandon adds he is most impressed with the CashApp ecosystem where revenue grew 96% from last year.
News For SQ From the Last 2 Days
SQ
Apr 19, 2024 | 06:56 EDT
Baird raised the firm's price target on Block to $98 from $95 and keeps an Outperform rating on the shares. The firm expects Q1 EBITDA to beat, and guidance to be likely mildly raised. They like the shares into Q1 results and wouldn't be shocked to see them nicely over $100 in a year.
