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SQ

Square

$94.11

-0.38 (-0.40%)

, PYPL

PayPal

$83.16

-1.18 (-1.40%)

08:05
10/08/18
10/08
08:05
10/08/18
08:05

Square price target raised to $108 from $77 at Goldman Sachs

Goldman Sachs analyst James Schneider increased his price target on Square (SQ) to $108 from $77 after raising his 2018-20 revenue estimates given he now sees more upside than in his prior estimates across a range of Square's business lines. He also raised his multiple on the stock, telling investors that Square is one of the only companies sustaining over 50% revenue growth while simultaneously delivering substantial margin expansion. Schneider, who model about 2.5X faster growth than PayPal (PYPL) and about 5X faster growth than merchant acquirers for Square through 2020, reiterates Buy rating on the Square shares.

SQ

Square

$94.11

-0.38 (-0.40%)

PYPL

PayPal

$83.16

-1.18 (-1.40%)

  • 13

    Nov

  • 26

    Nov

SQ Square
$94.11

-0.38 (-0.40%)

09/26/18
BMOC
09/26/18
INITIATION
Target $96
BMOC
Market Perform
Square initiated with Market Perform at BMO Capital
As reported earlier, BMO Capital analyst James Fotheringham initiated Square with a Market Perform rating and a price target of $96. The analyst says he "admires" the company's "culture of innovation" and expects its new product development and product awareness through cross-selling to drive revenue growth. Fotheringham does worry about Square's "valuation sustainability", stating that its shares are priced "way above the rolling two-year-forward core P/E multiple".
09/28/18
WBLR
09/28/18
NO CHANGE
WBLR
Outperform
William Blair 'incrementally more positive' on Square after meetings
After hosting investor meetings with CFO Sarah Friar and head of investor relations Jason Lee, William Blair analyst Robert Napoli says he's "incrementally more positive" about Square's growth opportunities. Square has "radically evolved" its business from a payment dongle offered to micro merchants to accept payments, to a broad ecosystem/platform that offers an array of products and services for both merchants and now consumers, Napoli tells investors in a research note. He believes the company's total addressable market is large and expanding and keeps an Outperform rating on the shares.
10/02/18
KEYB
10/02/18
NO CHANGE
Target $115
KEYB
Overweight
Square price target raised to $115 from $75 at KeyBanc
KeyBanc analyst Josh Beck raised his price target for Square to $115 from $75, while reiterating an Overweight rating on the stock. The analyst polled 20 Square sellers to gauge value-added product adoption and advanced point-of-sale software. He notes that the biggest standout was the fact the sellers now expect to adopt 3.4 value products on average over the next 12 months, which is a 105%-plus increase from current levels and a notable up-tick from his survey last year. The initial feedback on advanced point-of-sale software was positive, an encouraging signal for product adoption, he adds.
10/08/18
BTIG
10/08/18
NO CHANGE
Target $30
BTIG
Sell
Square growth depends on extension of credit to customers, says BTIG
BTIG analyst Mark Palmer kept his Sell rating and $30 price target on Square, saying the company's continued growth is predicated on the extension of credit to its customers. The analyst adds that this dependence has made Square "increasingly vulnerable" to the volatility in the credit markets and believes that investors are overlooking the company's credit risk. Palmer further notes that Square's latest announcement allowing a new, point-of-sale lending service provided by Square Capital that allows loan repayment for periods up to 12 months only increases that vulnerability.
PYPL PayPal
$83.16

-1.18 (-1.40%)

09/11/18
KEYB
09/11/18
NO CHANGE
Target $105
KEYB
Overweight
PayPal price target raised to $105 from $100 at KeyBanc
KeyBanc analyst Josh Beck raised his price target for PayPal to $105 from $100, while reiterating an Overweight rating on the shares. The analyst believes the Venmo debit card could prove to be a meaningful product launch as it opens up the offline opportunity, offers a clear monetization vehicle for P2P consumers; and could evolve into a "FinApp" with broader financial service capabilities.
09/13/18
RAJA
09/13/18
INITIATION
Target $108
RAJA
Outperform
PayPal resumed with an Outperform at Raymond James
Raymond James resumed coverage on PayPal with an Outperform and $108 price target.
09/26/18
BMOC
09/26/18
INITIATION
Target $112
BMOC
Outperform
PayPal initiated with an Outperform at BMO Capital
Target $112.
09/26/18
BMOC
09/26/18
INITIATION
Target $112
BMOC
Outperform
PayPal initiated with an Outperform at BMO Capital
As reported earlier, BMO Capital analyst James Fotheringham initiated PayPal with an Outperform rating and a price target of $112. The analyst says the company's "business model is best-in-class" relative to revenue growth surprise potential thanks to its potential M&A activity, exposure to fast-growing international markets, and "deep penetration of e-commerce payment flows". Fotheringham adds that PayPal's premium valuation is justified by its higher expected revenue growth, forecasting an annualized top-line rate of growth at 18% per year. The analyst further states that PayPal has the most balance sheet flexibility to drive inorganic growth among companies in his coverage universe.

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SPX

S&P 500

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SPDR S&P 500 ETF Trust

$278.60

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Fed saw 'variety of considerations' for 'patient approach to monetary policy' »

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Fed to continue monitoring economic developments for outlook implications »

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0.45 (0.16%)

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Fed sees 'sustained expansion of economic activity' as most likely outcome »

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FDP

Fresh Del Monte

$29.97

0.7 (2.39%)

14:00
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14:00
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Breaking Hot Stocks news story on Fresh Del Monte »

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BHC

Bausch Health

$23.13

-2.04 (-8.10%)

14:00
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14:00
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14:00
Options
Dip buyer in Bausch Health Companies »

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VLKAY

Volkswagen

$0.00

(0.00%)

, AUDVF

Audi AG

$0.00

(0.00%)

13:59
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13:59
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13:59
Periodicals
Audi plans to cut 10% of management positions, Reuters reports »

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VLKAY

Volkswagen

$0.00

(0.00%)

AUDVF

Audi AG

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TTD

Trade Desk

$146.31

-15.45 (-9.55%)

13:58
02/20/19
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13:58
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13:58
On The Fly
Trade Desk slides after analyst cuts rating ahead of quarterly results »

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UA

Under Armour

$19.15

-0.23 (-1.19%)

13:55
02/20/19
02/20
13:55
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13:55
Options
Under Armour put volume heavy and directionally bearish »

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PM

Philip Morris

$85.42

2 (2.40%)

13:50
02/20/19
02/20
13:50
02/20/19
13:50
Earnings
Philip Morris repeats Q1 reported diluted EPS view of $1.00, consensus $1.01 »

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PM

Philip Morris

$85.42

2 (2.40%)

13:49
02/20/19
02/20
13:49
02/20/19
13:49
Earnings
Philip Morris reaffirms FY19 reported diluted EPS guidance of at least $5.37 »

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13:45
02/20/19
02/20
13:45
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13:45
General news
Fed's Kaplan said a weaker business outlook is the reason for caution on rates »

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13:45
02/20/19
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13:45
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13:45
General news
Breaking General news story  »

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MDR

McDermott

$7.80

0.44 (5.98%)

13:40
02/20/19
02/20
13:40
02/20/19
13:40
Options
Bullish option play in McDermott as shares rally ahead of earnings »

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STAG

STAG Industrial

$28.24

-0.59 (-2.05%)

13:34
02/20/19
02/20
13:34
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13:34
Recommendations
STAG Industrial analyst commentary  »

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GOOG

Alphabet

$1,118.00

-0.16 (-0.01%)

, GOOGL

Alphabet Class A

$1,125.12

-1.31 (-0.12%)

13:28
02/20/19
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13:28
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13:28
Periodicals
Epic Games stops 'Fortnite' pre-roll ads on YouTube due to predators, Verge says »

Epic Games is no longer…

GOOG

Alphabet

$1,118.00

-0.16 (-0.01%)

GOOGL

Alphabet Class A

$1,125.12

-1.31 (-0.12%)

TCEHY

Tencent

$0.00

(0.00%)

DIS

Disney

$113.63

0.11 (0.10%)

KKR

KKR

$23.52

-0.2 (-0.84%)

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SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$278.00

0.11 (0.04%)

13:28
02/20/19
02/20
13:28
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13:28
Periodicals
Barr could announce end of Mueller investigation next week, CNN reports »

Attorney General Bill…

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S&P 500

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SPDR S&P 500 ETF Trust

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OMI

Owens & Minor

$6.40

-1.54 (-19.40%)

13:24
02/20/19
02/20
13:24
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13:24
Periodicals
Owens & Minor working with banks to explore sale, Reuters reports »

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OMI

Owens & Minor

$6.41

-1.53 (-19.27%)

13:20
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13:20
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Breaking Hot Stocks news story on Owens & Minor »

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OMI

Owens & Minor

$6.41

-1.53 (-19.27%)

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Breaking Hot Stocks news story on Owens & Minor »

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GOLD

Barrick Gold

$13.98

0.43 (3.17%)

13:17
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02/20
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13:17
Hot Stocks
Barrick Gold confirms commitment to Chile as it reviews LATAM strategy »

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OMI

Owens & Minor

$6.41

-1.53 (-19.27%)

13:17
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Periodicals
Breaking Periodicals news story on Owens & Minor »

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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

13:17
02/20/19
02/20
13:17
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13:17
Technical Analysis
NASDAQ market internals summary »

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FB

Facebook

$161.80

-0.49 (-0.30%)

, GOOG

Alphabet

$1,114.63

-3.53 (-0.32%)

13:16
02/20/19
02/20
13:16
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13:16
On The Fly
#SocialStocks: YouTube updates penalty system, Twitter developing Snapchat-like camera »

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FB

Facebook

$161.80

-0.49 (-0.30%)

GOOG

Alphabet

$1,114.63

-3.53 (-0.32%)

GOOGL

Alphabet Class A

$1,121.14

-5.29 (-0.47%)

TWTR

Twitter

$31.37

-0.27 (-0.85%)

SNAP

Snap

$9.17

-0.11 (-1.19%)

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$NYE

NYSE Market Internals

$0.00

(0.00%)

13:16
02/20/19
02/20
13:16
02/20/19
13:16
Technical Analysis
NYSE market internals summary »

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