Square (SQ) CFO Stepping Down, High Caliber Replacement Likely - Stephens

Stephens analyst, Brett Huff, reiterated his Equal Weight rating on shares of Square (NYSE: SQ) after Sarah Friar stepped down from her position as the CFO to assume a CEO role at Nextdoor.

The analyst stated "While Friar's loss could cause some concern especially as the market has lately moved away from growth stocks, we are optimistic SQ will find a high-caliber replacement and continue to deliver superior growth and platform economics". No change to the price target of $85.

For an analyst ratings summary and ratings history on Square click here. For more ratings news on Square click here.

Shares of Square closed at $70.73 yesterday.

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