'Bitcoin Mania is Not a Fad', Expect More Companies to Follow Musk and Tesla into BTC, Positive for PayPal (PYPL) and Square (SQ) - Wedbush

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Go back to 'Bitcoin Mania is Not a Fad', Expect More Companies to Follow Musk and Tesla into BTC, Positive for PayPal (PYPL) and Square (SQ) - Wedbush

Square (SQ) PT Raised to Street High $335 at Wolfe Research, 'shares may grind higher over the next several months'

February 18, 2021 5:59 AM EST

Wolfe Research analyst Darrin Peller raised the price target on Square (NYSE: SQ) to $335.00 (from $260.00) while maintaining a Outperform rating.

The analyst comments "SQs momentum has shown little signs of slowing in 2021 (up 25% YTD, vs S&P up 5%) as investors calibrate... More