Square (SQ) Reports In-Line Q4 EPS; Provides Mixed Outlook
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Go back to Square (SQ) Reports In-Line Q4 EPS; Provides Mixed Outlook
February 28, 2019 9:11 AM EST
Jefferies analyst John Hecht raised the price target on Square (NYSE: SQ) to $73.00 (from $64.00) while maintaining a Hold rating following results.
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February 28, 2019 8:18 AM EST
Citi analyst, Peter Christiansen, reiterated a Buy rating and $90.00 price target on Square (NYSE: SQ) following the company's earnings report. SQ delivered on the top-line with 64% Adj revenue growth ~3 points better than consensus expectations. EBITDA was 2-3% better, though slightly below margin estimates... More
February 28, 2019 8:13 AM EST
Mizuho Securities analyst Thomas McCrohan raised the price target on Square (NYSE: SQ) to $85.00 (from $75.00) while maintaining a Buy rating following the company's 4Q earnings report. From 2016 to 2018 Squares organic adjusted net revenues grew 120%, or by $826 million. Subscription and Services contributed $387 million... More
February 28, 2019 6:56 AM EST
RBC Capital analyst Daniel Perlin raised the price target on Square (NYSE: SQ) to $88.00 (from $86.00) while maintaining a Outperform rating following solid results.
Perlin commented, "Square posted another solid quarter with subscriptions & services revenue increasing significantly y/y, transaction revenue & GPV growth slightly below 30%,... More
