Square (SQ) PT Raised to $45 at Nomura/Instinet
Tweet
Share
E-mail
Get Alerts SQ Hot Sheet
Price: $86.96 --0%
Rating Summary:
46 Buy, 13 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 6 | Down: 6 | New: 30
Rating Summary:
46 Buy, 13 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 6 | Down: 6 | New: 30
Join SI Premium – FREE
Nomura/Instinet raised its price target on Square (NYSE: SQ) to $45.00 (from $33.00) while maintaining a Buy rating.
Analyst Dan Dolev sees further upside following YTD outperformance relative to the broader market. The analyst is expecting a "stellar" H2 and sees Adj. EBITDA reaching $145-150 million. Over the LT Dolev suspect the company's attractive total cost of ownership ought to result in a positive inflection in GPV growth which is his primary medium-term catalysts.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- UiPath Inc. (PATH) PT Lowered to $15 at UBS Following Investor Day
- Founders Metals Inc (FDR:CN) PT Raised to Cdn$9 at BMO Capital
- AutoZone (AZO) PT Lowered to $3,700 at Raymond James
Create E-mail Alert Related Categories
Analyst Comments, Analyst PT ChangeRelated Entities
NomuraSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
