Square (SQ) PT Raised to $75 at Needham & Company
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August 2, 2018 8:25 AM EDT
Evercore ISI raised its price target on Square (NYSE: SQ) to $76.00 (from $73.00) while maintaining an Outperform rating following strong results.
Analyst Rayna Kumar commented, "Once again, for 2Q/18 Square's adjusted revenue and EBITDA exceeded our above Consensus forecasts fueled by Subscription and Services-based revenue. Gross... More
August 2, 2018 6:18 AM EDT
Piper Jaffray analyst, Jason Deleeuw, reiterated his Neutral rating on shares of Square (NYSE: SQ) and raised his price target to $67 from $63 after the company reported accelerating revenue growth for the fifth straight quarter of 60% and beat consensus by 5%. EPS of $0.13 also beat consensus of $0.11.... More
August 1, 2018 4:18 PM EDT
Square (NYSE: SQ) reported Q2 EPS of $0.13, $0.01 better than the analyst estimate of $0.12. Revenue for the quarter came in at $385 million versus the consensus estimate of $367.59 million.
GUIDANCE:
Square sees Q3 2018 EPS of $0.08-$0.10, versus the consensus of $0.13. Square sees Q3... More
