Square stock rises after Stifel boosts target [MarketWatch]
Block, Inc. Class A, (SQ)
Last block, inc. class a, earnings: 2/26 04:05 pm
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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.
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News
- ROSEN, LEADING INVESTOR COUNSEL, Encourages Block, Inc. Investors to Inquire About Securities Class Action Investigation – SQGlobeNewswire
- INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Block, Inc. and Encourages Investors to Contact the FirmAccesswire
- ROSEN, A TOP RANKED LAW FIRM, Encourages Block, Inc. Investors to Inquire About Securities Class Action Investigation – SQBusiness Wire
- DEADLINE ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Block, Inc. and Encourages Investors to Contact the FirmAccesswire
- Block (SQ) Is Considered a Good Investment by Brokers: Is That True? [Yahoo! Finance]Yahoo! Finance
SQ
Earnings
- 5/2/24 - Beat
SQ
Sec Filings
- 5/9/24 - Form 8-K
- 5/3/24 - Form 4
- 5/2/24 - Form 10-Q
- SQ's page on the SEC website