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-0.00087837067475145 0.000909782606166623 0.00332035749104771 0.00169159067693886 0.0086790003094658 0.00564716722548879 0.00469317523436797 0.00774129598648595
Stock impact report

Square stock rises after Stifel boosts target [MarketWatch]

Block, Inc. Class A, (SQ) 
Last block, inc. class a, earnings: 2/26 04:05 pm Check Earnings Report
US:NYSE Investor Relations: squareup.com/about/investors
Company Research Source: MarketWatch
Square stock rises after Stifel boosts target Shares of Square Inc. SQ, +1.49% are up 1.6% in premarket trading Thursday after Stifel analyst Scott Devitt raised his price target to $100 from $76. Devitt is upbeat about the company's goal of moving further upmarket, following Chief Financial Officer Sarah Friar's comments at a Recode conference earlier this week in which she said that she sees the company going after the "biggest businesses in the world." Devitt wrote that Square's "extensive API offerings (CRM, OMS, ERP, inventory management) are making it even easier for the largest merchants to leverage Square's platform." He also discussed the company's plans to "potentially introduce investment products" and banking services in the future. Devitt has a buy rating on shares, which are up 198% over the past 12 months, as the S&P 500 SPX, +0.59% has gained 16%. Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here. Show less Read more
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