Guggenheim Downgrades Square (SQ) to Neutral

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Square (SQ) PT Raised to $21 at Deutsche Bank Following 1Q Beat; 'A Significant Turn Towards Profitability'

May 4, 2017 10:45 AM EDT

Deutsche Bank raised its price target on Square (NYSE: SQ) to $21.00 (from $19.00) while maintaining a Buy rating, following the company's first quarter earnings report.

Analyst Bryan Keane notes the company delivered first quarter earnings per share and revenue above consensus estimates, fueled by robust... More