Square (SQ) Misses Q1 EPS by 5c
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Mizuho Securities Remains Bullish on Square (SQ) Following 1Q Beat and Mixed Guide
May 6, 2016 9:53 AM EDTMizuho Securities reiterated a Buy rating and $16.00 price target on Square (NYSE: SQ) following the company's 1Q earnings report. GPV of $10.2b helped drive net revenue of $146m, handily beating Street's $135m estimate. For FY2016, the revenue mid-point guide was raised from... More
Wedbush Downgrades Square (SQ) to Underperform Ahead of Lockup Expiration
May 6, 2016 7:08 AM EDTWedbush downgraded Square (NYSE: SQ) from Neutral to Underperform with a price target of $9.00 (from $11.00).
Analyst Gil Luria commented, "We believe that Square is rapidly growing a business that may never reach peer (or guided) profitability, which will become apparent as... More
