Square (SQ) Tops Q2 EPS by 1c, Revenues Beat; Issues Better Revenues Outlook

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Go back to Square (SQ) Tops Q2 EPS by 1c, Revenues Beat; Issues Better Revenues Outlook

Square (SQ) PT Raised to $75 at Needham & Company

August 2, 2018 8:17 AM EDT

Needham & Company raised its price target on Square (NYSE: SQ) to $75.00 (from $65.00) while maintaining a Buy rating.

Analyst Mayank Tandon commented, "Square delivered another strong quarter, exceeding expectations on all fronts. Subscription & services revenue was the primary source of upside driven by strength... More