Wedbush Reiterates Neutral Rating on Square (SQ)

Wedbush analyst Moshe Katri reiterated a Neutral rating and $75.00 price target on Square (NYSE: SQ) following the company's expert luncheon event.

While management hinted at these upcoming investments, Katri believes this transition period could create a rather “noisy” 6-12 months period, where Street models will have to adjust for several events.

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 $59.20 yesterday.

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