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Square (SQ) Price Target Raised to $330.00
By: MarketBeat | May 7, 2021

Square (NYSE:SQ) had its price target hoisted by analysts at Rosenblatt Securities from $320.00 to $330.00 in a report issued on Friday, Benzinga reports. The firm currently has a "buy" rating on the technology company's stock. Rosenblatt Securities' price objective indicates a potential upside of 39.01% from the stock's current price.

Several other research firms have also recently issued reports on SQ. Morgan Stanley boosted their target price on Square from $245.00 to $254.00 and gave the stock an "equal weight" rating in a research report on Friday. Piper Sandler boosted their price target on Square from $190.00 to $250.00 and gave the stock a "neutral" rating in a research note on Tuesday, March 2nd. Truist boosted their price target on Square from $300.00 to $325.00 in a research note on Wednesday, February 24th. Guggenheim raised Square from a "neutral" rating to a "buy" rating and set a $288.00 price target on the stock in a research note on Wednesday, March 3rd. Finally, Keefe, Bruyette & Woods raised Square from a "market perform" rating to an "outperform" rating and set a $250.00 target price on the stock in a research note on Wednesday, March 31st. Three investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating, twenty-four have assigned a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of "Buy" and an average price target of $229.62.

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