Square beats expectations on higher transactions

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Square (SQ) PT Raised to $26 at Canaccord Genuity; 'Strong Q2 with Growth & Stable Transaction Margin'

August 3, 2017 10:18 AM EDT

Canaccord Genuity raised its price target on Square (NYSE: SQ) to $26.00 (from $18.00) while maintaining a Hold rating, following the company's second quarter earnings report.

Analyst Michael notes the company delivered second quarter earnings per share and revenue results above the Street's expectations fueled... More