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Square (SQ) Price Target Raised to $290.00
By: MarketBeat | April 9, 2021

Square (NYSE:SQ) had its price objective boosted by equities research analysts at Credit Suisse Group from $270.00 to $290.00 in a research report issued on Friday, The Fly reports. The brokerage currently has an "outperform" rating on the technology company's stock. Credit Suisse Group's price target suggests a potential upside of 10.34% from the stock's previous close.

A number of other equities research analysts have also issued reports on SQ. Deutsche Bank Aktiengesellschaft lifted their target price on Square from $255.00 to $330.00 and gave the company a "buy" rating in a research report on Wednesday, February 17th. KeyCorp boosted their price objective on shares of Square from $250.00 to $275.00 and gave the stock an "overweight" rating in a research report on Friday, January 15th. Wells Fargo & Company downgraded shares of Square from an "overweight" rating to an "equal weight" rating and set a $255.00 target price for the company. in a research report on Wednesday, February 24th. They noted that the move was a valuation call. Guggenheim upgraded shares of Square from a "neutral" rating to a "buy" rating and set a $288.00 price objective for the company in a research note on Wednesday, March 3rd. Finally, The Goldman Sachs Group lifted their target price on Square from $216.00 to $246.00 and gave the company a "neutral" rating in a research report on Tuesday, March 2nd. Four investment analysts have rated the stock with a sell rating, sixteen have given a hold rating, twenty-four have issued a buy rating and one has issued a strong buy rating to the company's stock. Square currently has a consensus rating of "Hold" and an average price target of $224.57.

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