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SQ

Square

$66.95

-0.06 (-0.09%)

09:35
07/17/18
07/17
09:35
07/17/18
09:35

Square initiated with a Peer Perform at Wolfe Research

Wolfe Research analyst Darrin Peller started Square with a Peer Perform rating and $73 price target.

  • 01

    Aug

  • 15

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  • 16

    Aug

SQ Square
$66.95

-0.06 (-0.09%)

07/10/18
OPCO
07/10/18
DOWNGRADE
OPCO
Perform
Square assumed with a Perform from Outperform at Oppenheimer
Oppenheimer analyst Glenn Greene downgraded Square to Perform from Outperform without a price target after assuming coverage of the name. While the analyst is optimistic that Square's "robust growth will persist," he estimates that greater than 30% and 55% of annual revenue and EBITDA growth are priced into the shares. As such, he sees "meaningful risk if growth moderates or execution falters."
07/10/18
JEFF
07/10/18
DOWNGRADE
Target $63
JEFF
Hold
Square assumed with a Hold from Buy at Jefferies
Jefferies analyst John Hecht downgraded Square to Hold from Buy after assuming coverage of the name. The analyst raised his price target for the shares to $63 from $60. The analyst sees "broadly positive fundamentals" for the company, but believes the shares are fairly valued at current levels. He views competition as well as "high growth targets in nascent business segments" as risks for Square.
07/10/18
07/10/18
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Walgreens Boots Alliance (WBA) downgraded to In Line from Outperform at Evercore ISI. 2. Chipotle (CMG) downgraded to Underperform from Neutral at Mizuho with analyst Jeremy Scott saying after an 80% rally since the new CEO appointment, Chipotle shares currently price in an "aggressive recovery" in both comps and margins. 3. Biogen (BIIB) downgraded to Neutral from Outperform at Baird with analyst Brian Skorney saying that following a quick ~35% move since his April upgrade, he is taking his gains off the table on the back of the BAN2401 results. 4. eBay (EBAY) downgraded to Hold from Buy at SunTrust with analyst Youssef Squali citing the anticipated impact of the recent U.S. Supreme Court decision that forces collection of online sales tax on a state level and reverses the 1992 e-commerce precedent. 5. Square (SQ) assumed and downgraded to a Hold from Buy at Jefferies and a Perform from Outperform at Oppenheimer. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
07/11/18
NOMU
07/11/18
NO CHANGE
Target $85
NOMU
Buy
Square is not a play on bitcoin, says Nomura Instinet
Nomura Instinet analyst Dan Dolev disagrees with the notion that Square is a play on bitcoin. Cash App downloads have been accelerating despite the slump in bitcoin prices, Dolev tells investors in a research note. For perspective, Coinbase's monthly downloads have turned sharply negative in recent months, the analyst adds. He notes that his firm's payments app tracker shows Square Cash App downloads accelerated in May/June to up 154% year-over-year. Dolev keeps a Buy rating on the shares with an $85 price target. The stock closed yesterday up $1.72 to $64.76.

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RAD

Rite Aid

$1.24

-0.025 (-1.98%)

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JPM

JPMorgan

$117.18

-0.66 (-0.56%)

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MDT

Medtronic

$98.36

0.51 (0.52%)

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ERIC

Ericsson

$8.91

0.12 (1.37%)

11:32
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AZN

AstraZeneca

$37.76

0.075 (0.20%)

11:30
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GE

General Electric

$11.67

-0.505 (-4.15%)

11:30
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09/24
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11:30
Options
Flurry of activity in GE calls as shares fall to multi-year lows »

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NWL

Newell Brands

$20.22

-1.61 (-7.38%)

, SHLD

Sears

$1.17

-0.115 (-8.95%)

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Newell Brands, Sears analyst commentary  »

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NWL

Newell Brands

$20.22

-1.61 (-7.38%)

SHLD

Sears

$1.17

-0.115 (-8.95%)

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FIT

Fitbit

$5.68

-0.265 (-4.46%)

11:25
09/24/18
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Options
Fitbit call volume above normal and directionally bullish »

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11:25
09/24/18
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General news
Treasury announced a $40 B 4-week bill sale for Tuesday »

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RBC Capital multi-industry analyst to hold group luncheon »

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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

11:17
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NASDAQ market internals summary »

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AAPL

Apple

$218.75

1.1 (0.51%)

11:16
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  • 26

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$NYE

NYSE Market Internals

$0.00

(0.00%)

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NYSE market internals summary »

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BBY

Best Buy

$80.08

-0.56 (-0.69%)

11:15
09/24/18
09/24
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Options
Best Buy put volume heavy and directionally bearish »

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RTN

Raytheon

$202.18

-1.315 (-0.65%)

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CMCSA

Comcast

$35.07

-2.84 (-7.49%)

, CMCSK

Comcast

$0.00

(0.00%)

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CMCSA

Comcast

$35.07

-2.84 (-7.49%)

CMCSK

Comcast

$0.00

(0.00%)

SKYAY

Sky

$0.00

(0.00%)

AVP

Avon Products

$2.41

-0.025 (-1.03%)

CZR

Caesars

$10.53

-0.25 (-2.32%)

BIO

Bio-Rad

$308.01

9.56 (3.20%)

NTNX

Nutanix

$42.73

-3.82 (-8.21%)

MSFT

Microsoft

$113.83

-0.87 (-0.76%)

VMW

VMware

$153.08

1.08 (0.71%)

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SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$290.60

-1.43 (-0.49%)

11:11
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11:11
Periodicals
Deputy AG Rosenstein 'summoned to the White House,' MSNBC tweets »

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SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$290.60

-1.43 (-0.49%)

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MSFT

Microsoft

$113.66

-1.04 (-0.91%)

, ADBE

Adobe

$261.32

0.47 (0.18%)

11:09
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MSFT

Microsoft

$113.66

-1.04 (-0.91%)

ADBE

Adobe

$261.32

0.47 (0.18%)

SAP

SAP

$122.23

0.59 (0.49%)

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FCX

Freeport McMoRan

$14.38

-0.22 (-1.51%)

11:05
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Freeport McMoRan call volume above normal and directionally bullish »

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