Stephens Remains Sidelined on Square (SQ) Following 3Q Conference Call
Stephens analyst, Brett Huff, reiterated an Equal Weight rating and $85.00 price target on Square (NYSE: SQ) following the company's 3Q Call.
Management Guided adjusted revenue growth up 40%, in-line with the Street's 41%. Square also guided PF EBITDA expansion similar to 2018 expansion which using '18 midpoint is ~200bps expansion.
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 $78.01 yesterday.